Org.nr 993 188 921 2021 → 2022 Year-over-year analysis

15 MEANINGS AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-05-31; registry 2023-07-24; journal 2023 643089

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 15 MEANINGS AS. Revenue 2.12m NOK → 2.22m NOK (+4.5%). Net result -17.2k NOK → -306.7k NOK. Equity -144.9k NOK → -451.6k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 15 MEANINGS AS.

Scorecard

Revenue
2.12m NOK 2.22m NOK
+4.5%
Operating result
-13.7k NOK -298.9k NOK
-2076.0%
Net result
-17.2k NOK -306.7k NOK
-1685.2%
Equity
-144.9k NOK -451.6k NOK
-211.7%
Cash
112 NOK 653.1k NOK
+583035.7%
Total assets
337.6k NOK 276.2k NOK
-18.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.12m NOK to 2.22m NOK (+4.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 112 NOK → 653.1k NOK (+583035.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.7k NOK → -298.9k NOK (op. margin -0.6% → -13.5%). Calculated

  • ↓

    Net result weakened

    Net result -17.2k NOK → -306.7k NOK (net margin -0.8% → -13.8%). Calculated

  • ↓

    Equity eroded

    Book equity -144.9k NOK → -451.6k NOK (equity ratio -42.9% → -163.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -163.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.61m NOK → 2.14m NOK (76% → 97% of revenue). Calculated