Org.nr 991 990 194 2021 → 2022 Year-over-year analysis

5B PROSJEKT AS: årsregnskap 2022 vs 2021

Shrank 26% on revenue, stronger earnings, cash halved-plus

approved 2023-06-29; registry 2023-07-10; journal 2023 563920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 5B PROSJEKT AS. Revenue 4.51m NOK → 3.35m NOK (-25.8%). Net result +633.5k NOK → +3.23m NOK. Equity 928.0k NOK → 5.16m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 5B PROSJEKT AS.

Scorecard

Revenue
4.51m NOK 3.35m NOK
-25.8%
Operating result
+2.16m NOK +715.0k NOK
-66.9%
Net result
+633.5k NOK +3.23m NOK
+409.5%
Equity
928.0k NOK 5.16m NOK
+455.5%
Cash
848.4k NOK 106.5k NOK
-87.4%
Total assets
5.56m NOK 6.97m NOK
+25.4%

What improved

  • ↑

    Net result improved

    Net result +633.5k NOK → +3.23m NOK (net margin 14.0% → 96.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 928.0k NOK → 5.16m NOK (equity ratio 16.7% → 74.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.51m NOK to 3.35m NOK (-25.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.16m NOK → +715.0k NOK (op. margin 47.9% → 21.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 848.4k NOK → 106.5k NOK (-87.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.78m NOK → 1.90m NOK (39% → 57% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 296.4k NOK → 59.6k NOK (-79.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.63m NOK → 6.19m NOK. Reported fact