Org.nr 990 821 097 2021 → 2022 Year-over-year analysis

62 NORD AS: årsregnskap 2022 vs 2021

Grew 71% on revenue, weaker earnings

approved 2023-06-26; registry 2023-07-06; journal 2023 554483

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 62 NORD AS. Revenue 29.33m NOK → 50.04m NOK (+70.6%). Net result -4.67m NOK → -9.31m NOK. Equity 27.49m NOK → 26.76m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 62 NORD AS.

Scorecard

Revenue
29.33m NOK 50.04m NOK
+70.6%
Operating result
-5.85m NOK -11.38m NOK
-94.7%
Net result
-4.67m NOK -9.31m NOK
-99.3%
Equity
27.49m NOK 26.76m NOK
-2.7%
Cash
553.0k NOK 786.2k NOK
+42.2%
Total assets
44.57m NOK 48.19m NOK
+8.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.33m NOK to 50.04m NOK (+70.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 553.0k NOK → 786.2k NOK (+42.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5.85m NOK → -11.38m NOK (op. margin -19.9% → -22.8%). Calculated

  • ↓

    Net result weakened

    Net result -4.67m NOK → -9.31m NOK (net margin -15.9% → -18.6%). Calculated

  • ↓

    Equity eroded

    Book equity 27.49m NOK → 26.76m NOK (equity ratio 61.7% → 55.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 27.49m NOK → 26.76m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 14.30m NOK → 18.34m NOK (49% → 37% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.40m NOK → 19.49m NOK (+260.7% YoY). Calculated