4SEASONS WEDDINGS AS: årsregnskap 2022 vs 2021
Grew 1168% on revenue, returned to profit
registry 2023-06-15; journal 2023 482887
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4SEASONS WEDDINGS AS. Revenue 707.4k NOK → 8.97m NOK (+1167.8%). Net result -51.1k NOK → +69.8k NOK. Equity -240.1k NOK → -170.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4SEASONS WEDDINGS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 707.4k NOK to 8.97m NOK (+1167.8% YoY). Calculated
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Operating result improved
Operating result -132.9k NOK → +70.2k NOK (op. margin -18.8% → 0.8%). Calculated
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Turned profitable
Net result flipped from a loss of 51.1k NOK to a profit of 69.8k NOK. Calculated
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Equity strengthened
Book equity -240.1k NOK → -170.3k NOK (equity ratio -11.7% → -7.8%). Calculated
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Cash rose
Bank deposits 325.6k NOK → 661.7k NOK (+103.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 398.1k NOK → 458.3k NOK (56% → 5% of revenue). Calculated
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COGS moved
COGS / varekostnad 219.8k NOK → 7.83m NOK (+3461.7% YoY). Calculated