Org.nr 921 964 773 2021 → 2022 Year-over-year analysis

1940 HOLDING AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-06-27; registry 2023-07-22; journal 2023 600496

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 1940 HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +626.6k NOK → +338.8k NOK. Equity 2.34m NOK → 2.68m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1940 HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-30.6k NOK -36.2k NOK
-18.6%
Net result
+626.6k NOK +338.8k NOK
-45.9%
Equity
2.34m NOK 2.68m NOK
+14.5%
Cash
108.9k NOK 88.0k NOK
-19.2%
Total assets
6.82m NOK 7.11m NOK
+4.3%

What improved

  • ↑

    Equity strengthened

    Book equity 2.34m NOK → 2.68m NOK (equity ratio 34.4% → 37.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -30.6k NOK → -36.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result +626.6k NOK → +338.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 108.9k NOK → 88.0k NOK (-19.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.60× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.31m NOK → 6.18m NOK. Reported fact