Org.nr 924 462 698 2021 → 2022 Year-over-year analysis

A&B ANDREASSEN AS: årsregnskap 2022 vs 2021

Grew 124% on revenue, returned to profit

approved 2023-06-30; registry 2023-08-22; journal 2023 712891

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A&B ANDREASSEN AS. Revenue 100.9k NOK → 226.4k NOK (+124.3%). Net result -89.8k NOK → +4 541 NOK. Equity 175.6k NOK → 180.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
100.9k NOK 226.4k NOK
+124.3%
Operating result
-101.1k NOK +20.9k NOK
+120.7%
Net result
-89.8k NOK +4 541 NOK
+105.1%
Equity
175.6k NOK 180.1k NOK
+2.6%
Cash
26.5k NOK 15.9k NOK
-40.2%
Total assets
1.06m NOK 1.02m NOK
-3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 100.9k NOK to 226.4k NOK (+124.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -101.1k NOK → +20.9k NOK (op. margin -100.1% → 9.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 89.8k NOK to a profit of 4 541 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 175.6k NOK → 180.1k NOK (equity ratio 16.6% → 17.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -2.16× → 10.90×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 26.5k NOK → 15.9k NOK (-40.2% YoY). Calculated