A C HVOSLEF AS: årsregnskap 2022 vs 2021
Grew 28% on revenue, returned to profit
approved 2023-05-31; registry 2023-06-03; journal 2023 459937
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A C HVOSLEF AS. Revenue 5.12m NOK → 6.54m NOK (+27.8%). Net result -335.9k NOK → +54.8k NOK. Equity 8.53m NOK → 82.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A C HVOSLEF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.12m NOK to 6.54m NOK (+27.8% YoY). Calculated
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↑
Operating result improved
Operating result +467.6k NOK → +598.0k NOK (op. margin 9.1% → 9.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 335.9k NOK to a profit of 54.8k NOK. Calculated
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↑
Cash rose
Bank deposits 478.5k NOK → 541.6k NOK (+13.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.54× → 1.12×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 8.53m NOK → 82.0k NOK (equity ratio 605.6% → 4.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 929.5k NOK → 6 892 NOK. Reported fact