21-5 NORGE AS: årsregnskap 2022 vs 2021
Grew 81001% on revenue, weaker earnings
approved 2023-06-29; registry 2023-07-08; journal 2023 559118
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 21-5 NORGE AS. Revenue 6 256 NOK → 5.07m NOK (+81001.3%). Net result -1.24m NOK → -2.19m NOK. Equity -7.42m NOK → -9.61m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 21-5 NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 256 NOK to 5.07m NOK (+81001.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -1.24m NOK → -1.74m NOK (op. margin -19781.4% → -34.2%). Calculated
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↓
Net result weakened
Net result -1.24m NOK → -2.19m NOK (net margin -19779.2% → -43.2%). Calculated
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↓
Equity eroded
Book equity -7.42m NOK → -9.61m NOK (equity ratio -13.4% → -32.5%). Calculated
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↓
Cash fell
Bank deposits 47.57m NOK → 29.12m NOK (-38.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -32.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.33m NOK → 2.10m NOK (21316% → 41% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 2. Reported fact