Org.nr 923 177 035 2021 → 2022 Year-over-year analysis

102 ASIA MAT AS: årsregnskap 2022 vs 2021

Grew 220243% on revenue, slipped into loss

approved 2023-06-30; registry 2023-08-23; journal 2023 715096

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 102 ASIA MAT AS. Revenue 2 426 NOK → 5.35m NOK (+220242.9%). Net result +45.9k NOK → -767.5k NOK. Equity 62.2k NOK → -705.4k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 102 ASIA MAT AS.

Scorecard

Revenue
2 426 NOK 5.35m NOK
+220242.9%
Operating result
+60.9k NOK -769.9k NOK
-1365.3%
Net result
+45.9k NOK -767.5k NOK
-1772.9%
Equity
62.2k NOK -705.4k NOK
-1234.8%
Cash
3 381 NOK 294.0k NOK
+8594.8%
Total assets
1.16m NOK 1.08m NOK
-7.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 426 NOK to 5.35m NOK (+220242.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 3 381 NOK → 294.0k NOK (+8594.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +60.9k NOK → -769.9k NOK (op. margin 2508.2% → -14.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 45.9k NOK profit to a loss of 767.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 62.2k NOK → -705.4k NOK (equity ratio 5.4% → -65.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -65.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1 878 NOK → 4.59m NOK (+244105.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact