Org.nr 925 984 760 2021 → 2022 Year-over-year analysis

40 GRADER AS: årsregnskap 2022 vs 2021

Shrank 96% on revenue, stronger earnings, cash halved-plus

approved 2023-05-23; registry 2023-05-27; journal 2023 428489

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 40 GRADER AS. Revenue 3.70m NOK → 145.7k NOK (-96.1%). Net result -263.3k NOK → -2 019 NOK. Equity 2.81m NOK → 2.81m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.70m NOK 145.7k NOK
-96.1%
Operating result
-224.9k NOK +54.8k NOK
+124.4%
Net result
-263.3k NOK -2 019 NOK
+99.2%
Equity
2.81m NOK 2.81m NOK
-0.1%
Cash
368.4k NOK 95.5k NOK
-74.1%
Total assets
4.32m NOK 4.31m NOK
-0.0%

What improved

  • ↑

    Operating result improved

    Operating result -224.9k NOK → +54.8k NOK (op. margin -6.1% → 37.6%). Calculated

  • ↑

    Net result improved

    Net result -263.3k NOK → -2 019 NOK (net margin -7.1% → -1.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.70m NOK to 145.7k NOK (-96.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.81m NOK → 2.81m NOK (equity ratio 65.1% → 65.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 368.4k NOK → 95.5k NOK (-74.1% YoY). Calculated