1018 DESIGN AS: årsregnskap 2022 vs 2021
Grew 6% on revenue, weaker earnings
approved 2023-03-01; registry 2023-03-07; journal 2023 318863
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 1018 DESIGN AS. Revenue 479.1k NOK → 509.1k NOK (+6.3%). Net result +157.3k NOK → +76.1k NOK. Equity 179.2k NOK → 255.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for 1018 DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 479.1k NOK to 509.1k NOK (+6.3% YoY). Calculated
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↑
Equity strengthened
Book equity 179.2k NOK → 255.2k NOK (equity ratio 71.9% → 71.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +179.2k NOK → +97.9k NOK (op. margin 37.4% → 19.2%). Calculated
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↓
Net result weakened
Net result +157.3k NOK → +76.1k NOK (net margin 32.8% → 14.9%). Calculated
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↓
Cash fell
Bank deposits 126.8k NOK → 65.4k NOK (-48.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 159.8k NOK → 206.4k NOK (33% → 41% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 5 150 NOK. Reported fact