A EGGEN AS: årsregnskap 2022 vs 2021
Shrank 6% on revenue, weaker earnings
approved 2023-06-02; registry 2023-06-29; journal 2023 523996
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A EGGEN AS. Revenue 12.22m NOK → 11.49m NOK (-6.0%). Net result +847.1k NOK → +623.3k NOK. Equity 999.1k NOK → 622.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A EGGEN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.60m NOK → 2.52m NOK (21% → 22% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.22m NOK to 11.49m NOK (-6.0% YoY). Calculated
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↓
Operating result weakened
Operating result +1.15m NOK → +857.3k NOK (op. margin 9.4% → 7.5%). Calculated
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↓
Net result weakened
Net result +847.1k NOK → +623.3k NOK (net margin 6.9% → 5.4%). Calculated
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↓
Equity eroded
Book equity 999.1k NOK → 622.3k NOK (equity ratio 20.2% → 15.7%). Calculated
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↓
Cash fell
Bank deposits 2.35m NOK → 1.48m NOK (-37.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.42m NOK → 6.10m NOK (-5.0% YoY). Calculated