Org.nr 927 110 660 2021 → 2022 Year-over-year analysis

5 STARS VVS SERVICE AS: årsregnskap 2022 vs 2021

Grew 628% on revenue

approved 2023-04-09; registry 2023-04-12; journal 2023 350037

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 5 STARS VVS SERVICE AS. Revenue 69.2k NOK → 503.5k NOK (+627.9%). Net result +26.7k NOK → +17.4k NOK. Equity 56.7k NOK → 74.1k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
69.2k NOK 503.5k NOK
+627.9%
Operating result
+34.3k NOK +22.3k NOK
-35.0%
Net result
+26.7k NOK +17.4k NOK
-35.0%
Equity
56.7k NOK 74.1k NOK
+30.6%
Cash
58.6k NOK 216.2k NOK
+268.8%
Total assets
64.3k NOK 229.8k NOK
+257.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 69.2k NOK to 503.5k NOK (+627.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 56.7k NOK → 74.1k NOK (equity ratio 88.2% → 32.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 58.6k NOK → 216.2k NOK (+268.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +34.3k NOK → +22.3k NOK (op. margin 49.5% → 4.4%). Calculated

  • ↓

    Net result weakened

    Net result +26.7k NOK → +17.4k NOK (net margin 38.6% → 3.4%). Calculated