9900WATT AS: årsregnskap 2022 vs 2021
Grew 14% on revenue, weaker earnings
approved 2023-08-04; registry 2023-08-07; journal 2023 700912
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 9900WATT AS. Revenue 2.17m NOK → 2.47m NOK (+14.0%). Net result +85.4k NOK → +23.8k NOK. Equity 31.7k NOK → 55.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 9900WATT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.17m NOK to 2.47m NOK (+14.0% YoY). Calculated
-
↑
Equity strengthened
Book equity 31.7k NOK → 55.5k NOK (equity ratio 4.1% → 5.8%). Calculated
-
↑
Cash rose
Bank deposits 28.1k NOK → 50.6k NOK (+80.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +105.6k NOK → +33.2k NOK (op. margin 4.9% → 1.3%). Calculated
-
↓
Net result weakened
Net result +85.4k NOK → +23.8k NOK (net margin 3.9% → 1.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 163.5k NOK → 3.28m NOK (8% → 133% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.16m NOK → 1.33m NOK (+14.6% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 3. Reported fact