ADSTICA CAPITAL AS: årsregnskap 2022 vs 2021
Cash halved-plus
approved 2023-07-13; registry 2023-07-17; journal 2023 622891
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADSTICA CAPITAL AS. Net result -10.1k NOK → -10.0k NOK. Equity 14.4k NOK → 4 346 NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADSTICA CAPITAL AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -10.1k NOK → -10.0k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 14.4k NOK → 4 346 NOK. Calculated
-
↓
Cash fell
Bank deposits 1.00m NOK → 546 NOK (-99.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.32× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.00m NOK → 546 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 435.8k NOK → 2.31m NOK. Reported fact