Org.nr 926 875 043 2021 → 2022 Year-over-year analysis

5 EIENDOM AS: årsregnskap 2022 vs 2021

Grew 99% on revenue, weaker earnings, cash halved-plus

approved 2023-06-23; registry 2023-06-26; journal 2023 526681

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 5 EIENDOM AS. Revenue 58.6k NOK → 116.8k NOK (+99.3%). Net result -102.5k NOK → -135.3k NOK. Equity -78.1k NOK → -213.4k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5 EIENDOM AS.

Scorecard

Revenue
58.6k NOK 116.8k NOK
+99.3%
Operating result
-50.4k NOK -19.1k NOK
+62.1%
Net result
-102.5k NOK -135.3k NOK
-31.9%
Equity
-78.1k NOK -213.4k NOK
-173.2%
Cash
1 849 NOK -1 NOK
-100.1%
Total assets
3.30m NOK 3.18m NOK
-3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 58.6k NOK to 116.8k NOK (+99.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -50.4k NOK → -19.1k NOK (op. margin -85.9% → -16.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -102.5k NOK → -135.3k NOK (net margin -175.0% → -115.8%). Calculated

  • ↓

    Equity eroded

    Book equity -78.1k NOK → -213.4k NOK (equity ratio -2.4% → -6.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1 849 NOK → -1 NOK (-100.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation