24 SØPPEL OG FLYTTING AS: årsregnskap 2022 vs 2021
Grew 1670% on revenue, weaker earnings
registry 2023-07-31; journal 2023 668209
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 24 SØPPEL OG FLYTTING AS. Revenue 164.8k NOK → 2.92m NOK (+1670.2%). Net result +2.80m NOK → +273.1k NOK. Equity 2.87m NOK → 303.5k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 24 SØPPEL OG FLYTTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 164.8k NOK to 2.92m NOK (+1670.2% YoY). Calculated
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↑
Cash rose
Bank deposits 258.5k NOK → 291.0k NOK (+12.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.58× → 1.48×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.03m NOK → +350.2k NOK (op. margin 625.1% → 12.0%). Calculated
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↓
Net result weakened
Net result +2.80m NOK → +273.1k NOK (net margin 1700.8% → 9.4%). Calculated
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↓
Equity eroded
Book equity 2.87m NOK → 303.5k NOK (equity ratio 514.7% → 39.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5 988 NOK → 1.34m NOK (4% → 46% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 192.4k NOK → 18.4k NOK (-90.4% YoY). Calculated