A.FURULUND ASFALT AS: årsregnskap 2022 vs 2021
Shrank 24% on revenue, returned to profit, cash halved-plus
approved 2023-07-11; registry 2023-08-26; journal 2023 716386
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.FURULUND ASFALT AS. Revenue 19.23m NOK → 14.63m NOK (-23.9%). Net result -279.0k NOK → +512.7k NOK. Equity 161.1k NOK → 673.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.FURULUND ASFALT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -123.9k NOK → +942.8k NOK (op. margin -0.6% → 6.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 279.0k NOK to a profit of 512.7k NOK. Calculated
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↑
Equity strengthened
Book equity 161.1k NOK → 673.8k NOK (equity ratio 2.5% → 9.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.23m NOK to 14.63m NOK (-23.9% YoY). Calculated
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↓
Cash fell
Bank deposits 295.1k NOK → 66.2k NOK (-77.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 8.28m NOK → 6.34m NOK (-23.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7 718 NOK → 1.93m NOK. Reported fact