Org.nr 993 011 126 2021 → 2022 Year-over-year analysis

A. BØRRESEN EIENDOM AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-03-06; registry 2023-03-20; journal 2023 328449

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. BØRRESEN EIENDOM AS. Revenue 1.33m NOK → 1.29m NOK (-3.2%). Net result -227.5k NOK → -460.6k NOK. Equity 1.70m NOK → 1.24m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.33m NOK 1.29m NOK
-3.2%
Operating result
-149.6k NOK -406.9k NOK
-172.0%
Net result
-227.5k NOK -460.6k NOK
-102.5%
Equity
1.70m NOK 1.24m NOK
-27.0%
Cash
329.0k NOK 586.0k NOK
+78.1%
Total assets
6.63m NOK 6.69m NOK
+0.9%

What improved

  • ↑

    Cash rose

    Bank deposits 329.0k NOK → 586.0k NOK (+78.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.33m NOK to 1.29m NOK (-3.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -149.6k NOK → -406.9k NOK (op. margin -11.2% → -31.5%). Calculated

  • ↓

    Net result weakened

    Net result -227.5k NOK → -460.6k NOK (net margin -17.1% → -35.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.70m NOK → 1.24m NOK (equity ratio 25.7% → 18.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 603.3k NOK → 687.9k NOK (45% → 53% of revenue). Calculated