Org.nr 924 736 704 2021 → 2022 Year-over-year analysis

A. GRINDEVOLL HOLDING AS: årsregnskap 2022 vs 2021

Returned to profit, cash halved-plus

approved 2023-05-04; registry 2023-06-24; journal 2023 517855

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. GRINDEVOLL HOLDING AS. Net result -9 982 NOK → +343.9k NOK. Equity 7 651 NOK → 351.6k NOK.

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

Net constructive year on the published lines.

Scorecard

Operating result
-9 752 NOK -6 085 NOK
+37.6%
Net result
-9 982 NOK +343.9k NOK
+3545.4%
Equity
7 651 NOK 351.6k NOK
+4495.0%
Cash
7 651 NOK 1 566 NOK
-79.5%
Total assets
22.7k NOK 366.6k NOK
+1518.3%

What improved

  • ↑

    Operating result improved

    Operating result -9 752 NOK → -6 085 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 9 982 NOK to a profit of 343.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 7 651 NOK → 351.6k NOK (equity ratio 33.8% → 95.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.51× → 23.44×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 7 651 NOK → 1 566 NOK (-79.5% YoY). Calculated