Org.nr 989 958 364 2021 → 2022 Year-over-year analysis

60 GRADER NORD KIROPRAKTIKK AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-06-26; registry 2023-07-13; journal 2023 576717

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 60 GRADER NORD KIROPRAKTIKK AS. Revenue 12.13m NOK → 11.94m NOK (-1.6%). Net result +392.3k NOK → +904.9k NOK. Equity 233.6k NOK → 598.5k NOK.

On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 60 GRADER NORD KIROPRAKTIKK AS.

Scorecard

Revenue
12.13m NOK 11.94m NOK
-1.6%
Operating result
+513.9k NOK +162.8k NOK
-68.3%
Net result
+392.3k NOK +904.9k NOK
+130.7%
Equity
233.6k NOK 598.5k NOK
+156.2%
Cash
884.4k NOK 371.1k NOK
-58.0%
Total assets
1.24m NOK 1.83m NOK
+47.6%

What improved

  • ↑

    Net result improved

    Net result +392.3k NOK → +904.9k NOK (net margin 3.2% → 7.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 233.6k NOK → 598.5k NOK (equity ratio 18.8% → 32.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.06× → 7.35×. Calculated

  • ↑

    Payroll decreased

    Salary cost 690.2k NOK → 1 667 NOK (6% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.13m NOK to 11.94m NOK (-1.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +513.9k NOK → +162.8k NOK (op. margin 4.2% → 1.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 884.4k NOK → 371.1k NOK (-58.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.76m NOK → 7.82m NOK (-10.8% YoY). Calculated