Org.nr 915 433 138 2021 → 2022 Year-over-year analysis

ADVENTIS AS: årsregnskap 2022 vs 2021

Shrank 75% on revenue, cash halved-plus

approved 2023-08-25; registry 2023-09-28; journal 2023 731807

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVENTIS AS. Revenue 1.15m NOK → 290.9k NOK (-74.7%). Net result +92.9k NOK → +78.6k NOK. Equity -273.2k NOK → -194.7k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVENTIS AS.

Scorecard

Revenue
1.15m NOK 290.9k NOK
-74.7%
Operating result
+106.7k NOK +85.1k NOK
-20.3%
Net result
+92.9k NOK +78.6k NOK
-15.4%
Equity
-273.2k NOK -194.7k NOK
+28.7%
Cash
163.7k NOK 58.5k NOK
-64.3%
Total assets
295.3k NOK 58.6k NOK
-80.2%

What improved

  • ↑

    Equity strengthened

    Book equity -273.2k NOK → -194.7k NOK (equity ratio -92.5% → -332.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.21m NOK → 3 NOK (192% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.15m NOK to 290.9k NOK (-74.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +106.7k NOK → +85.1k NOK (op. margin 9.3% → 29.2%). Calculated

  • ↓

    Net result weakened

    Net result +92.9k NOK → +78.6k NOK (net margin 8.1% → 27.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 163.7k NOK → 58.5k NOK (-64.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -332.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation