2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS: årsregnskap 2022 vs 2021
Grew 87% on revenue, stronger earnings
registry 2023-07-26; journal 2023 611188
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS. Revenue 18.37m NOK → 34.40m NOK (+87.3%). Net result +1.02m NOK → +2.17m NOK. Equity 4.97m NOK → 7.14m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 18.37m NOK to 34.40m NOK (+87.3% YoY). Calculated
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Operating result improved
Operating result +1.38m NOK → +2.64m NOK (op. margin 7.5% → 7.7%). Calculated
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Net result improved
Net result +1.02m NOK → +2.17m NOK (net margin 5.6% → 6.3%). Calculated
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Equity strengthened
Book equity 4.97m NOK → 7.14m NOK (equity ratio 46.6% → 55.9%). Calculated
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Cash rose
Bank deposits 155.6k NOK → 1.56m NOK (+904.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 14.3k NOK → 651.9k NOK (0% → 2% of revenue). Calculated
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COGS moved
COGS / varekostnad 16.46m NOK → 30.30m NOK (+84.2% YoY). Calculated