FirmaIQ
Org.nr 916 941 935 2021 → 2022 Year-over-year analysis

ADVENTUREWORKS AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-08-08; registry 2023-08-09; journal 2023 703547

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVENTUREWORKS AS. Net result +536.0k NOK → +23.3k NOK. Equity 887.5k NOK → 910.8k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-15.8k NOK -16.0k NOK
-1.0%
Net result
+536.0k NOK +23.3k NOK
-95.7%
Equity
887.5k NOK 910.8k NOK
+2.6%
Cash
18.7k NOK 1 541 NOK
-91.8%
Total assets
787.9k NOK 910.8k NOK
+15.6%

What improved

  • ↑

    Equity strengthened

    Book equity 887.5k NOK → 910.8k NOK (equity ratio 112.6% → 100.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -7.42× → 1890.17×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -15.8k NOK → -16.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result +536.0k NOK → +23.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 18.7k NOK → 1 541 NOK (-91.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 49.2k NOK → 0 NOK. Reported fact