Org.nr 912 330 486 2021 → 2022 Year-over-year analysis

A COMPANY AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2023-06-30; registry 2023-07-04; journal 2023 569877

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A COMPANY AS. Revenue 9 512 NOK → 0 NOK (-100.0%). Net result -40.3k NOK → -16.7k NOK. Equity -70.3k NOK → -87.0k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A COMPANY AS.

Scorecard

Revenue
9 512 NOK 0 NOK
-100.0%
Operating result
-40.1k NOK -16.8k NOK
+58.1%
Net result
-40.3k NOK -16.7k NOK
+58.6%
Equity
-70.3k NOK -87.0k NOK
-23.7%
Cash
59.0k NOK 26.5k NOK
-55.2%
Total assets
282.8k NOK 264.1k NOK
-6.6%

What improved

  • ↑

    Operating result improved

    Operating result -40.1k NOK → -16.8k NOK. Calculated

  • ↑

    Net result improved

    Net result -40.3k NOK → -16.7k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9 512 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -70.3k NOK → -87.0k NOK (equity ratio -24.9% → -33.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 59.0k NOK → 26.5k NOK (-55.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -33.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 190.4k NOK → 205.2k NOK. Reported fact