3475KRAFTVERKET AS: årsregnskap 2022 vs 2021
Grew 38% on revenue, stronger earnings, cash halved-plus
registry 2023-07-06; journal 2023 582285
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 3475KRAFTVERKET AS. Revenue 398.0k NOK → 549.4k NOK (+38.0%). Net result -583.3k NOK → -129.9k NOK. Equity -533.3k NOK → -663.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3475KRAFTVERKET AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 398.0k NOK to 549.4k NOK (+38.0% YoY). Calculated
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Operating result improved
Operating result -573.8k NOK → -141.6k NOK (op. margin -144.1% → -25.8%). Calculated
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Net result improved
Net result -583.3k NOK → -129.9k NOK (net margin -146.6% → -23.6%). Calculated
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Payroll decreased
Salary cost 10.9k NOK → 3 NOK (3% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -533.3k NOK → -663.2k NOK (equity ratio -295.7% → -330.1%). Calculated
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Cash fell
Bank deposits 73.8k NOK → 32.8k NOK (-55.6% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -330.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 110.1k NOK → 148.2k NOK (+34.6% YoY). Calculated