FirmaIQ
Org.nr 922 626 111 2021 → 2022 Year-over-year analysis

ADSIGN IDEUTVIKLING AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, stronger earnings

approved 2023-03-30; registry 2023-04-11; journal 2023 345352

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADSIGN IDEUTVIKLING AS. Revenue 11.39m NOK → 13.10m NOK (+15.0%). Net result +311.8k NOK → +720.2k NOK. Equity 9.95m NOK → 1.66m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADSIGN IDEUTVIKLING AS.

At a glance

Scorecard

Revenue
11.39m NOK 13.10m NOK
+15.0%
Operating result
+416.1k NOK +911.2k NOK
+119.0%
Net result
+311.8k NOK +720.2k NOK
+131.0%
Equity
9.95m NOK 1.66m NOK
-83.4%
Cash
1.30m NOK 1.68m NOK
+29.7%
Total assets
2.36m NOK 3.27m NOK
+38.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.39m NOK to 13.10m NOK (+15.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +416.1k NOK → +911.2k NOK (op. margin 3.7% → 7.0%). Calculated

  • ↑

    Net result improved

    Net result +311.8k NOK → +720.2k NOK (net margin 2.7% → 5.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.30m NOK → 1.68m NOK (+29.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.74m NOK → 5.49m NOK (50% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.95m NOK → 1.66m NOK (equity ratio 421.7% → 50.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 71.2k NOK → 5.37m NOK (+7445.0% YoY). Calculated