FirmaIQ
Org.nr 939 000 313 2021 → 2022 Year-over-year analysis

ADWANS AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-07-07; registry 2023-07-10; journal 2023 602201

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADWANS AS. Revenue 510.6k NOK → 512.8k NOK (+0.4%). Net result +125.2k NOK → +262.4k NOK. Equity -247.3k NOK → 15.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADWANS AS.

At a glance

Scorecard

Revenue
510.6k NOK 512.8k NOK
+0.4%
Operating result
+125.1k NOK +262.4k NOK
+109.7%
Net result
+125.2k NOK +262.4k NOK
+109.7%
Equity
-247.3k NOK 15.2k NOK
+106.1%
Cash
111.4k NOK 54.3k NOK
-51.3%
Total assets
111.4k NOK 54.3k NOK
-51.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 510.6k NOK to 512.8k NOK (+0.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +125.1k NOK → +262.4k NOK (op. margin 24.5% → 51.2%). Calculated

  • ↑

    Net result improved

    Net result +125.2k NOK → +262.4k NOK (net margin 24.5% → 51.2%). Calculated

  • ↑

    Equity strengthened

    Book equity -247.3k NOK → 15.2k NOK (equity ratio -222.0% → 27.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.31× → 1.39×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 111.4k NOK → 54.3k NOK (-51.3% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.1 → 1. Reported fact