ADSERVE AS: årsregnskap 2022 vs 2021
Grew 472% on revenue, cash halved-plus
approved 2023-05-22; registry 2023-05-24; journal 2023 420080
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADSERVE AS. Revenue 299.3k NOK → 1.71m NOK (+472.2%). Net result +764.5k NOK → +821.0k NOK. Equity 5.14m NOK → 658.3k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADSERVE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 299.3k NOK to 1.71m NOK (+472.2% YoY). Calculated
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Net result improved
Net result +764.5k NOK → +821.0k NOK (net margin 255.5% → 47.9%). Calculated
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Payroll decreased
Salary cost 528.0k NOK → 527 NOK (176% → 0% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result +971.2k NOK → +52.3k NOK (op. margin 324.5% → 3.1%). Calculated
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Equity eroded
Book equity 5.14m NOK → 658.3k NOK (equity ratio 824.7% → 43.6%). Calculated
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Cash fell
Bank deposits 605.5k NOK → 301.1k NOK (-50.3% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 736.6k NOK → 620.0k NOK (-15.8% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact