ADWIST BYGG AS: årsregnskap 2022 vs 2021
Grew 94% on revenue, stronger earnings
approved 2023-05-04; registry 2023-05-08; journal 2023 393114
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADWIST BYGG AS. Revenue 3.13m NOK → 6.09m NOK (+94.4%). Net result -121.0k NOK → -29.2k NOK. Equity -215.8k NOK → -245.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADWIST BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.13m NOK to 6.09m NOK (+94.4% YoY). Calculated
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Operating result improved
Operating result -120.0k NOK → -23.2k NOK (op. margin -3.8% → -0.4%). Calculated
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Net result improved
Net result -121.0k NOK → -29.2k NOK (net margin -3.9% → -0.5%). Calculated
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Cash rose
Bank deposits 53.7k NOK → 518.4k NOK (+865.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -215.8k NOK → -245.0k NOK (equity ratio -34.7% → -183.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -183.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.55m NOK → 4.80m NOK (49% → 79% of revenue). Calculated
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COGS moved
COGS / varekostnad 301.0k NOK → 825.2k NOK (+174.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 6. Reported fact