Org.nr 924 782 188 2021 → 2022 Year-over-year analysis

A&H CORP AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, stronger earnings

registry 2023-03-20; journal 2023 330415

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A&H CORP AS. Revenue 57.4k NOK → 0 NOK (-100.0%). Net result -535.8k NOK → -33.8k NOK. Equity -480.4k NOK → -514.2k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A&H CORP AS.

Scorecard

Revenue
57.4k NOK 0 NOK
-100.0%
Operating result
-535.8k NOK -33.8k NOK
+93.7%
Net result
-535.8k NOK -33.8k NOK
+93.7%
Equity
-480.4k NOK -514.2k NOK
-7.0%
Cash
224.7k NOK 231.2k NOK
+2.9%
Total assets
269.9k NOK 276.7k NOK
+2.5%

What improved

  • ↑

    Operating result improved

    Operating result -535.8k NOK → -33.8k NOK. Calculated

  • ↑

    Net result improved

    Net result -535.8k NOK → -33.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 224.7k NOK → 231.2k NOK (+2.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 57.4k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -480.4k NOK → -514.2k NOK (equity ratio -178.0% → -185.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -185.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 519.7k NOK → 14.0k NOK (-97.3% YoY). Calculated