Org.nr 911 641 534 2021 → 2022 Year-over-year analysis

5 STAR AS: årsregnskap 2022 vs 2021

Shrank 43% on revenue, returned to profit, cash halved-plus

approved 2023-07-23; registry 2023-08-01; journal 2023 674206

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 5 STAR AS. Revenue 597.4k NOK → 339.3k NOK (-43.2%). Net result -37.2k NOK → +25.1k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 5 STAR AS.

Scorecard

Revenue
597.4k NOK 339.3k NOK
-43.2%
Operating result
-37.1k NOK +25.1k NOK
+167.5%
Net result
-37.2k NOK +25.1k NOK
+167.4%
Equity
n/m -225.2k NOK
—
Cash
366.3k NOK 126.1k NOK
-65.6%
Total assets
1.63m NOK 1.19m NOK
-26.8%

What improved

  • ↑

    Operating result improved

    Operating result -37.1k NOK → +25.1k NOK (op. margin -6.2% → 7.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 37.2k NOK to a profit of 25.1k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 597.4k NOK to 339.3k NOK (-43.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 366.3k NOK → 126.1k NOK (-65.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 400.0k NOK → 150.0k NOK (-62.5% YoY). Calculated