A B MATTESERVICE AS: årsregnskap 2022 vs 2021
Grew 14% on revenue, weaker earnings, cash halved-plus
approved 2023-04-28; registry 2023-06-21; journal 2023 490207
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A B MATTESERVICE AS. Revenue 11.06m NOK → 12.63m NOK (+14.1%). Net result -1.08m NOK → -1.72m NOK. Equity -29.6k NOK → -1.37m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for A B MATTESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.06m NOK to 12.63m NOK (+14.1% YoY). Calculated
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Owners injected capital
Paid-in equity rose 319.4k NOK → 692.5k NOK (+373.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -1.34m NOK → -1.51m NOK (op. margin -12.1% → -12.0%). Calculated
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↓
Net result weakened
Net result -1.08m NOK → -1.72m NOK (net margin -9.7% → -13.6%). Calculated
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↓
Equity eroded
Book equity -29.6k NOK → -1.37m NOK (equity ratio -0.5% → -26.8%). Calculated
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↓
Cash fell
Bank deposits 911.1k NOK → 35.5k NOK (-96.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.68× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -26.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4.75m NOK → 5.55m NOK (43% → 44% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 3.54m NOK → 3.03m NOK (-14.5% YoY). Calculated