Org.nr 994 006 533 2021 → 2022 Year-over-year analysis

A-Å ELEKTRO AS: årsregnskap 2022 vs 2021

Shrank 14% on revenue, stronger earnings, cash halved-plus

registry 2023-07-31; journal 2023 623113

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A-Å ELEKTRO AS. Revenue 7.17m NOK → 6.17m NOK (-13.8%). Net result +450.2k NOK → +701.3k NOK. Equity 1.64m NOK → 2.34m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-Å ELEKTRO AS.

Scorecard

Revenue
7.17m NOK 6.17m NOK
-13.8%
Operating result
+586.9k NOK +897.8k NOK
+53.0%
Net result
+450.2k NOK +701.3k NOK
+55.8%
Equity
1.64m NOK 2.34m NOK
+42.7%
Cash
601.5k NOK 74.6k NOK
-87.6%
Total assets
2.66m NOK 2.95m NOK
+10.7%

What improved

  • ↑

    Operating result improved

    Operating result +586.9k NOK → +897.8k NOK (op. margin 8.2% → 14.5%). Calculated

  • ↑

    Net result improved

    Net result +450.2k NOK → +701.3k NOK (net margin 6.3% → 11.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.64m NOK → 2.34m NOK (equity ratio 61.6% → 79.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.17m NOK to 6.17m NOK (-13.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 601.5k NOK → 74.6k NOK (-87.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.80m NOK → 2.13m NOK (-23.9% YoY). Calculated