Org.nr 998 468 183 2021 → 2022 Year-over-year analysis

A-G MASKIN AS: årsregnskap 2022 vs 2021

Grew 70% on revenue, returned to profit

approved 2023-04-18; registry 2023-04-22; journal 2023 362520

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A-G MASKIN AS. Revenue 339.6k NOK → 576.5k NOK (+69.8%). Net result -96.6k NOK → +707.0k NOK. Equity 333.6k NOK → 40.6k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A-G MASKIN AS.

Scorecard

Revenue
339.6k NOK 576.5k NOK
+69.8%
Operating result
+50.6k NOK +336.6k NOK
+565.1%
Net result
-96.6k NOK +707.0k NOK
+832.2%
Equity
333.6k NOK 40.6k NOK
-87.8%
Cash
175.9k NOK 173.8k NOK
-1.2%
Total assets
4.89m NOK 5.38m NOK
+10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 339.6k NOK to 576.5k NOK (+69.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +50.6k NOK → +336.6k NOK (op. margin 14.9% → 58.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 96.6k NOK to a profit of 707.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 333.6k NOK → 40.6k NOK (equity ratio 6.8% → 0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 175.9k NOK → 173.8k NOK (-1.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 16.5k NOK → 29.4k NOK (+77.8% YoY). Calculated