Org.nr 919 701 226 2021 → 2022 Year-over-year analysis

0495 GREFSEN AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2023-04-12; registry 2023-04-20; journal 2023 356655

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 0495 GREFSEN AS. Revenue 31.82m NOK → 3 444 NOK (-100.0%). Net result +4.17m NOK → +544.9k NOK. Equity 748.0k NOK → 292.9k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 0495 GREFSEN AS.

Scorecard

Revenue
31.82m NOK 3 444 NOK
-100.0%
Operating result
+720.9k NOK +542.0k NOK
-24.8%
Net result
+4.17m NOK +544.9k NOK
-86.9%
Equity
748.0k NOK 292.9k NOK
-60.8%
Cash
7.05m NOK 1.80m NOK
-74.4%
Total assets
7.06m NOK 1.80m NOK
-74.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.82m NOK to 3 444 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +720.9k NOK → +542.0k NOK (op. margin 2.3% → 15738.3%). Calculated

  • ↓

    Net result weakened

    Net result +4.17m NOK → +544.9k NOK (net margin 13.1% → 15821.9%). Calculated

  • ↓

    Equity eroded

    Book equity 748.0k NOK → 292.9k NOK (equity ratio 10.6% → 16.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.05m NOK → 1.80m NOK (-74.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.05m NOK → 1.80m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 24.89m NOK → -75.0k NOK (-100.3% YoY). Calculated