1912 TOP HOLDING AS: årsregnskap 2022 vs 2021
Grew 113% on revenue, returned to profit
approved 2023-05-03; registry 2023-05-24; journal 2023 401445
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 1912 TOP HOLDING AS. Revenue -116.05m NOK → 15.45m NOK (+113.3%). Net result -116.12m NOK → +10.54m NOK. Equity 171.37m NOK → 120.54m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 1912 TOP HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from -116.05m NOK to 15.45m NOK (+113.3% YoY). Calculated
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↑
Operating result improved
Operating result -116.13m NOK → +10.55m NOK (op. margin 100.1% → 68.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 116.12m NOK to a profit of 10.54m NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 171.37m NOK → 120.54m NOK (equity ratio 99.0% → 89.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1991.58× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 150.20m NOK → 100.20m NOK — check capital reduction, conversion, or reclassification. Interpretation