Org.nr 813 646 552 2021 → 2022 Year-over-year analysis

1 SBX AS: årsregnskap 2022 vs 2021

Grew 11% on revenue, stronger earnings

approved 2023-05-16; registry 2023-06-01; journal 2023 449237

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 1 SBX AS. Revenue 96.2k NOK → 107.2k NOK (+11.4%). Net result +32.0k NOK → +47.0k NOK. Equity 8.12m NOK → 165.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1 SBX AS.

Scorecard

Revenue
96.2k NOK 107.2k NOK
+11.4%
Operating result
+40.4k NOK +59.1k NOK
+46.4%
Net result
+32.0k NOK +47.0k NOK
+46.6%
Equity
8.12m NOK 165.9k NOK
-98.0%
Cash
83.6k NOK 132.0k NOK
+57.9%
Total assets
1.70m NOK 1.75m NOK
+2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 96.2k NOK to 107.2k NOK (+11.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +40.4k NOK → +59.1k NOK (op. margin 41.9% → 55.2%). Calculated

  • ↑

    Net result improved

    Net result +32.0k NOK → +47.0k NOK (net margin 33.3% → 43.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 83.6k NOK → 132.0k NOK (+57.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 8.12m NOK → 165.9k NOK (equity ratio 476.3% → 9.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation