Org.nr 868 260 912 2021 → 2022 Year-over-year analysis

1000 MILE NORGE AS: årsregnskap 2022 vs 2021

Shrank 43% on revenue, weaker earnings

approved 2023-06-07; registry 2023-06-10; journal 2023 476073

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 1000 MILE NORGE AS. Revenue 125.6k NOK → 72.1k NOK (-42.6%). Net result -16.7k NOK → -80.2k NOK. Equity 279.8k NOK → 199.7k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.

Scorecard

Revenue
125.6k NOK 72.1k NOK
-42.6%
Operating result
-16.7k NOK -80.2k NOK
-380.8%
Net result
-16.7k NOK -80.2k NOK
-380.7%
Equity
279.8k NOK 199.7k NOK
-28.6%
Cash
5 556 NOK 10.5k NOK
+89.6%
Total assets
307.7k NOK 245.1k NOK
-20.4%

What improved

  • ↑

    Cash rose

    Bank deposits 5 556 NOK → 10.5k NOK (+89.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 125.6k NOK to 72.1k NOK (-42.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -16.7k NOK → -80.2k NOK (op. margin -13.3% → -111.2%). Calculated

  • ↓

    Net result weakened

    Net result -16.7k NOK → -80.2k NOK (net margin -13.3% → -111.2%). Calculated

  • ↓

    Equity eroded

    Book equity 279.8k NOK → 199.7k NOK (equity ratio 90.9% → 81.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 57.3k NOK → 44.9k NOK (-21.6% YoY). Calculated