A&B RENHOLD AS: årsregnskap 2022 vs 2021
Grew 15% on revenue, slipped into loss, cash halved-plus
approved 2023-05-31; registry 2023-06-21; journal 2023 506077
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A&B RENHOLD AS. Revenue 2.37m NOK → 2.72m NOK (+15.1%). Net result +112.3k NOK → -409.9k NOK. Equity 67.0k NOK → -342.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A&B RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.37m NOK to 2.72m NOK (+15.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +161.5k NOK → -408.9k NOK (op. margin 6.8% → -15.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 112.3k NOK profit to a loss of 409.9k NOK. Calculated
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↓
Equity eroded
Book equity 67.0k NOK → -342.8k NOK (equity ratio 6.5% → -63.0%). Calculated
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↓
Cash fell
Bank deposits 716.3k NOK → 270.1k NOK (-62.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.43× — 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 -63.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.03m NOK → 2.97m NOK (86% → 109% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 15.2k NOK → 21.1k NOK (+39.4% YoY). Calculated