A. GRØVDAL SMÅMASKINER AS: årsregnskap 2022 vs 2021
Grew 15% on revenue, weaker earnings, cash halved-plus
approved 2023-07-26; registry 2023-07-29; journal 2023 663546
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. GRØVDAL SMÅMASKINER AS. Revenue 524.1k NOK → 604.1k NOK (+15.3%). Net result +63.8k NOK → +33.7k NOK. Equity 67.3k NOK → 101.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. GRØVDAL SMÅMASKINER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 524.1k NOK to 604.1k NOK (+15.3% YoY). Calculated
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↑
Equity strengthened
Book equity 67.3k NOK → 101.0k NOK (equity ratio 29.0% → 27.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +90.3k NOK → +50.1k NOK (op. margin 17.2% → 8.3%). Calculated
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↓
Net result weakened
Net result +63.8k NOK → +33.7k NOK (net margin 12.2% → 5.6%). Calculated
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↓
Cash fell
Bank deposits 73.9k NOK → 5 895 NOK (-92.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 358.3k NOK → 462.8k NOK (+29.1% YoY). Calculated