Org.nr 918 526 226 2021 → 2022 Year-over-year analysis

59'NORD OMSORG OG SERVICE AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, returned to profit

approved 2023-05-12; registry 2023-05-22; journal 2023 411825

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 59'NORD OMSORG OG SERVICE AS. Revenue 51.0k NOK → 46.2k NOK (-9.3%). Net result -8 331 NOK → +41.3k NOK. Equity -51.2k NOK → -9 867 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 59'NORD OMSORG OG SERVICE AS.

Scorecard

Revenue
51.0k NOK 46.2k NOK
-9.3%
Operating result
-8 331 NOK +41.3k NOK
+596.1%
Net result
-8 331 NOK +41.3k NOK
+596.1%
Equity
-51.2k NOK -9 867 NOK
+80.7%
Cash
-108.2k NOK -108 NOK
+99.9%
Total assets
-108 NOK 46.2k NOK
+42924.1%

What improved

  • ↑

    Operating result improved

    Operating result -8 331 NOK → +41.3k NOK (op. margin -16.3% → 89.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 8 331 NOK to a profit of 41.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -51.2k NOK → -9 867 NOK (equity ratio 47406.5% → -21.3%). Calculated

  • ↑

    Cash rose

    Bank deposits -108.2k NOK → -108 NOK (+99.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 51.0k NOK to 46.2k NOK (-9.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation