Org.nr 922 640 718 2021 → 2022 Year-over-year analysis

ADS HANGARBYGG 2 AS: årsregnskap 2022 vs 2021

Grew 287% on revenue, returned to profit, cash halved-plus

approved 2023-06-20; registry 2023-08-01; journal 2023 632679

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADS HANGARBYGG 2 AS. Revenue 465.5k NOK → 1.80m NOK (+286.7%). Net result -387.9k NOK → +659.1k NOK. Equity 4.69m NOK → 5.35m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADS HANGARBYGG 2 AS.

Scorecard

Revenue
465.5k NOK 1.80m NOK
+286.7%
Operating result
+369.5k NOK +735.0k NOK
+98.9%
Net result
-387.9k NOK +659.1k NOK
+269.9%
Equity
4.69m NOK 5.35m NOK
+14.1%
Cash
612.2k NOK 168.7k NOK
-72.4%
Total assets
18.12m NOK 17.93m NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 465.5k NOK to 1.80m NOK (+286.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +369.5k NOK → +735.0k NOK (op. margin 79.4% → 40.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 387.9k NOK to a profit of 659.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.69m NOK → 5.35m NOK (equity ratio 25.9% → 29.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 612.2k NOK → 168.7k NOK (-72.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 NOK → 65.0k NOK. Reported fact