ADVO-CASA AS: årsregnskap 2022 vs 2021
Another loss-making year
approved 2023-05-29; registry 2023-07-10; journal 2023 563536
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVO-CASA AS. Revenue 571.1k NOK → 599.6k NOK (+5.0%). Net result -2 549 NOK → -11.9k NOK. Equity 176.3k NOK → 164.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVO-CASA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 571.1k NOK to 599.6k NOK (+5.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +92.5k NOK → +77.0k NOK (op. margin 16.2% → 12.8%). Calculated
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↓
Net result weakened
Net result -2 549 NOK → -11.9k NOK (net margin -0.4% → -2.0%). Calculated
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↓
Equity eroded
Book equity 176.3k NOK → 164.5k NOK (equity ratio 6.4% → 6.3%). Calculated
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↓
Cash fell
Bank deposits 462.7k NOK → 389.4k NOK (-15.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation