FirmaIQ
Org.nr 922 859 744 2021 → 2022 Year-over-year analysis

1028 HYTTEDRIFT AS: årsregnskap 2022 vs 2021

Grew 244% on revenue, weaker earnings, cash halved-plus

approved 2023-04-04; registry 2023-04-13; journal 2023 351144

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 1028 HYTTEDRIFT AS. Revenue 120.0k NOK → 412.7k NOK (+244.0%). Net result +19.2k NOK → +6 301 NOK. Equity 24.4k NOK → 30.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1028 HYTTEDRIFT AS.

At a glance

Scorecard

Revenue
120.0k NOK 412.7k NOK
+244.0%
Operating result
+24.4k NOK +9 662 NOK
-60.3%
Net result
+19.2k NOK +6 301 NOK
-67.2%
Equity
24.4k NOK 30.7k NOK
+25.8%
Cash
306.0k NOK 47.9k NOK
-84.3%
Total assets
53.80m NOK 64.54m NOK
+20.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 120.0k NOK to 412.7k NOK (+244.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 24.4k NOK → 30.7k NOK (equity ratio 0.0% → 0.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +24.4k NOK → +9 662 NOK (op. margin 20.3% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result +19.2k NOK → +6 301 NOK (net margin 16.0% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 306.0k NOK → 47.9k NOK (-84.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 504.5k NOK → 83.1k NOK (-83.5% YoY). Calculated