1T TØMRER AS: årsregnskap 2022 vs 2021
Grew 38% on revenue, weaker earnings
approved 2023-06-03; registry 2023-06-06; journal 2023 467323
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 1T TØMRER AS. Revenue 3.16m NOK → 4.36m NOK (+37.8%). Net result +388.1k NOK → +301.6k NOK. Equity 583.6k NOK → 885.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 1T TØMRER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.16m NOK to 4.36m NOK (+37.8% YoY). Calculated
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↑
Equity strengthened
Book equity 583.6k NOK → 885.1k NOK (equity ratio 104.7% → 47.8%). Calculated
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↑
Cash rose
Bank deposits 381.3k NOK → 570.2k NOK (+49.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +528.6k NOK → +420.4k NOK (op. margin 16.7% → 9.6%). Calculated
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↓
Net result weakened
Net result +388.1k NOK → +301.6k NOK (net margin 12.3% → 6.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.91× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 2 NOK → 1.08m NOK (0% → 25% of revenue). Calculated
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COGS moved
COGS / varekostnad 98.6k NOK → 2.40m NOK (+2330.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 60.0k NOK → 106.1k NOK. Reported fact