Org.nr 926 046 357 2021 → 2022 Year-over-year analysis

1859 HOLDING AS: årsregnskap 2022 vs 2021

Slipped into loss, fresh owner capital

approved 2023-06-26; registry 2023-06-29; journal 2023 537215

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 1859 HOLDING AS. Revenue 292.0k NOK → 292.0k NOK (0.0%). Net result +45.6k NOK → -10.2k NOK. Equity 70.1k NOK → 59.9k NOK.

On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 1859 HOLDING AS.

Scorecard

Revenue
292.0k NOK 292.0k NOK
0.0%
Operating result
+56.9k NOK -10.2k NOK
-117.9%
Net result
+45.6k NOK -10.2k NOK
-122.3%
Equity
70.1k NOK 59.9k NOK
-14.5%
Cash
8 474 NOK 17.0k NOK
+100.6%
Total assets
3.39m NOK 3.37m NOK
-0.6%

What improved

  • ↑

    Cash rose

    Bank deposits 8 474 NOK → 17.0k NOK (+100.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.75× → 1.50×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +56.9k NOK → -10.2k NOK (op. margin 19.5% → -3.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 45.6k NOK profit to a loss of 10.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 70.1k NOK → 59.9k NOK (equity ratio 2.1% → 1.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 3.36m NOK. Reported fact