5-PLUSS AS: årsregnskap 2022 vs 2021
Grew 54% on revenue, stronger earnings, fresh owner capital
approved 2023-05-22; registry 2023-07-24; journal 2023 603946
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 5-PLUSS AS. Revenue 8.27m NOK → 12.75m NOK (+54.2%). Net result +1.38m NOK → +1.78m NOK. Equity 928.4k NOK → 171.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 5-PLUSS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 8.27m NOK to 12.75m NOK (+54.2% YoY). Calculated
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Operating result improved
Operating result +1.76m NOK → +2.28m NOK (op. margin 21.3% → 17.9%). Calculated
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Net result improved
Net result +1.38m NOK → +1.78m NOK (net margin 16.6% → 14.0%). Calculated
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Cash rose
Bank deposits 458.7k NOK → 2.21m NOK (+382.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 500 NOK → 500.0k NOK (+499.5k NOK). Reported fact
What deteriorated
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Equity eroded
Book equity 928.4k NOK → 171.1k NOK (equity ratio 23.1% → 2.8%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 4.79m NOK → 8.27m NOK (58% → 65% of revenue). Calculated
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COGS fell
COGS / varekostnad 70.4k NOK → 52.0k NOK (-26.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 6 → 9. Reported fact