5D VEKST AS: årsregnskap 2022 vs 2021
Shrank 67% on revenue, stronger earnings
approved 2023-07-07; registry 2023-07-10; journal 2023 600304
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 5D VEKST AS. Revenue 30.7k NOK → 10.0k NOK (-67.4%). Net result -159.6k NOK → -94.7k NOK. Equity 10 NOK → -8 016 NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5D VEKST AS.
At a glance
Scorecard
What improved
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Net result improved
Net result -159.6k NOK → -94.7k NOK (net margin -519.6% → -947.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 30.7k NOK to 10.0k NOK (-67.4% YoY). Calculated
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↓
Operating result weakened
Operating result -82.2k NOK → -93.3k NOK (op. margin -267.5% → -932.8%). Calculated
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↓
Equity eroded
Book equity 10 NOK → -8 016 NOK (equity ratio 0.0% → -2.1%). Calculated
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↓
Cash fell
Bank deposits 7 008 NOK → 4 333 NOK (-38.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation