Org.nr 924 673 273 2021 → 2022 Year-over-year analysis

22B MESTRING AS: årsregnskap 2022 vs 2021

Shrank 67% on revenue, returned to profit, fresh owner capital

approved 2023-07-31; registry 2023-08-19; journal 2023 711571

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 22B MESTRING AS. Revenue 1.58m NOK → 518.9k NOK (-67.1%). Net result -236.7k NOK → +373.6k NOK. Equity -511.5k NOK → -137.8k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 22B MESTRING AS.

Scorecard

Revenue
1.58m NOK 518.9k NOK
-67.1%
Operating result
-236.7k NOK +412.4k NOK
+274.3%
Net result
-236.7k NOK +373.6k NOK
+257.9%
Equity
-511.5k NOK -137.8k NOK
+73.1%
Cash
119.1k NOK 157.9k NOK
+32.6%
Total assets
130.4k NOK 198.8k NOK
+52.5%

What improved

  • ↑

    Operating result improved

    Operating result -236.7k NOK → +412.4k NOK (op. margin -15.0% → 79.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 236.7k NOK to a profit of 373.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -511.5k NOK → -137.8k NOK (equity ratio -392.3% → -69.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 119.1k NOK → 157.9k NOK (+32.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.58m NOK to 518.9k NOK (-67.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 54.2k NOK (0% → 10% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 453.7k NOK → 40.6k NOK (-91.0% YoY). Calculated