Org.nr 983 102 603 2021 → 2022 Year-over-year analysis

929 PRODUKSJON AS: årsregnskap 2022 vs 2021

Grew 42% on revenue, weaker earnings, cash halved-plus

approved 2023-05-19; registry 2023-05-30; journal 2023 437816

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 929 PRODUKSJON AS. Revenue 2.89m NOK → 4.11m NOK (+42.2%). Net result +867.9k NOK → +682.5k NOK. Equity 1.88m NOK → 2.57m NOK.

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

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for 929 PRODUKSJON AS.

Scorecard

Revenue
2.89m NOK 4.11m NOK
+42.2%
Operating result
+1.09m NOK +872.3k NOK
-19.7%
Net result
+867.9k NOK +682.5k NOK
-21.4%
Equity
1.88m NOK 2.57m NOK
+36.9%
Cash
6.19m NOK 2.70m NOK
-56.4%
Total assets
7.73m NOK 3.88m NOK
-49.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.89m NOK to 4.11m NOK (+42.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.88m NOK → 2.57m NOK (equity ratio 24.3% → 66.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.09m NOK → +872.3k NOK (op. margin 37.6% → 21.2%). Calculated

  • ↓

    Net result weakened

    Net result +867.9k NOK → +682.5k NOK (net margin 30.0% → 16.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.19m NOK → 2.70m NOK (-56.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 101.0k NOK → 111 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1 438 NOK → 26.0k NOK (+1708.1% YoY). Calculated