Org.nr 928 745 368 2021 → 2022 Year-over-year analysis

68 GRADER ARCTIC SERVICE AS: årsregnskap 2022 vs 2021

Grew 1622% on revenue

approved 2023-04-14; registry 2023-04-29; journal 2023 374404

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 68 GRADER ARCTIC SERVICE AS. Revenue 214 NOK → 3 686 NOK (+1622.4%). Equity 0 NOK → -169.5k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 68 GRADER ARCTIC SERVICE AS.

Scorecard

Revenue
214 NOK 3 686 NOK
+1622.4%
Operating result
n/m -295.2k NOK
—
Net result
n/m -309.5k NOK
—
Equity
0 NOK -169.5k NOK
—
Cash
n/m 107.1k NOK
—
Total assets
0 NOK 2.30m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 214 NOK to 3 686 NOK (+1622.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.28m NOK → 2 NOK (599030% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 0 NOK → -169.5k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation