10/10 TEKSTILTRYKKERI AS: årsregnskap 2022 vs 2021
Grew 35% on revenue, stronger earnings, cash halved-plus
registry 2023-08-03; journal 2023 697878
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 10/10 TEKSTILTRYKKERI AS. Revenue 5.04m NOK → 6.78m NOK (+34.5%). Net result -474.2k NOK → -342.3k NOK. Equity 30.0k NOK → -498.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 10/10 TEKSTILTRYKKERI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.04m NOK to 6.78m NOK (+34.5% YoY). Calculated
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↑
Operating result improved
Operating result -439.8k NOK → -342.3k NOK (op. margin -8.7% → -5.1%). Calculated
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↑
Net result improved
Net result -474.2k NOK → -342.3k NOK (net margin -9.4% → -5.1%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 30.0k NOK → -498.3k NOK (equity ratio 5.0% → -62.2%). Calculated
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↓
Cash fell
Bank deposits 66.6k NOK → 23 NOK (-100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -62.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.99m NOK → 2.56m NOK (40% → 38% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.38m NOK → 2.88m NOK (+20.8% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 8 → 7. Reported fact