ADWINIGROUP AS: årsregnskap 2022 vs 2021
Grew 669% on revenue
approved 2023-04-24; registry 2023-07-12; journal 2023 608214
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADWINIGROUP AS. Revenue 51.0k NOK → 392.3k NOK (+668.9%). Net result -83.2k NOK → -91.9k NOK. Equity 16.8k NOK → -75.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADWINIGROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 51.0k NOK to 392.3k NOK (+668.9% YoY). Calculated
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↑
Cash rose
Bank deposits 49.8k NOK → 61.7k NOK (+23.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -108.3k NOK → -117.8k NOK (op. margin -212.2% → -30.0%). Calculated
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↓
Net result weakened
Net result -83.2k NOK → -91.9k NOK (net margin -163.1% → -23.4%). Calculated
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↓
Equity eroded
Book equity 16.8k NOK → -75.1k NOK (equity ratio 10.2% → -18.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 652.76× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 113.4k NOK → 278.4k NOK (+145.6% YoY). Calculated