Org.nr 922 213 240 2021 → 2022 Year-over-year analysis

14SAFETY AS: årsregnskap 2022 vs 2021

Shrank 20% on revenue, slipped into loss

approved 2023-06-30; registry 2023-07-11; journal 2023 603672

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 14SAFETY AS. Revenue 967.2k NOK → 775.4k NOK (-19.8%). Net result +18.0k NOK → -77.4k NOK. Equity 216.1k NOK → 138.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
967.2k NOK 775.4k NOK
-19.8%
Operating result
+28.3k NOK -80.4k NOK
-384.2%
Net result
+18.0k NOK -77.4k NOK
-530.3%
Equity
216.1k NOK 138.7k NOK
-35.8%
Cash
175.7k NOK 98.2k NOK
-44.1%
Total assets
254.4k NOK 148.4k NOK
-41.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 967.2k NOK to 775.4k NOK (-19.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +28.3k NOK → -80.4k NOK (op. margin 2.9% → -10.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 18.0k NOK profit to a loss of 77.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 216.1k NOK → 138.7k NOK (equity ratio 84.9% → 93.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 175.7k NOK → 98.2k NOK (-44.1% YoY). Calculated