Org.nr 920 713 599 2021 → 2022 Year-over-year analysis

A. EDVARDSEN HOLDING AS: årsregnskap 2022 vs 2021

Returned to profit

approved 2023-06-29; registry 2023-07-08; journal 2023 558241

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. EDVARDSEN HOLDING AS. Net result -7 684 NOK → +2 434 NOK. Equity 13 NOK → -4 259 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. EDVARDSEN HOLDING AS.

Scorecard

Operating result
-7 684 NOK +2 434 NOK
+131.7%
Net result
-7 684 NOK +2 434 NOK
+131.7%
Equity
13 NOK -4 259 NOK
-32861.5%
Cash
28.6k NOK 27.4k NOK
-4.2%
Total assets
58.6k NOK 57.4k NOK
-2.0%

What improved

  • ↑

    Operating result improved

    Operating result -7 684 NOK → +2 434 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 7 684 NOK to a profit of 2 434 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 13 NOK → -4 259 NOK (equity ratio 0.0% → -7.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 28.6k NOK → 27.4k NOK (-4.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation