A H E HANDEL AS: årsregnskap 2022 vs 2021
Shrank 72% on revenue, weaker earnings
approved 2023-06-21; registry 2023-06-24; journal 2023 516929
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A H E HANDEL AS. Revenue 670.9k NOK → 187.0k NOK (-72.1%). Net result -29.8k NOK → -116.1k NOK. Equity -653.3k NOK → -769.4k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A H E HANDEL AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 15.6k NOK → 128.7k NOK (+724.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 51.9k NOK → -13.3k NOK (8% → -7% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 670.9k NOK to 187.0k NOK (-72.1% YoY). Calculated
-
↓
Operating result weakened
Operating result -267.9k NOK → -927.1k NOK (op. margin -39.9% → -495.8%). Calculated
-
↓
Net result weakened
Net result -29.8k NOK → -116.1k NOK (net margin -4.4% → -62.1%). Calculated
-
↓
Equity eroded
Book equity -653.3k NOK → -769.4k NOK (equity ratio -53.0% → -69.5%). Calculated
-
↓
COGS moved
COGS / varekostnad 193.4k NOK → 231.9k NOK (+19.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -69.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 3 NOK → 101.0k NOK. Reported fact