Org.nr 911 689 138 2021 → 2022 Year-over-year analysis

A. HAARSTAD ELEKTRO AS: årsregnskap 2022 vs 2021

Shrank 22% on revenue, slipped into loss

approved 2023-05-19; registry 2023-08-02; journal 2023 683707

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. HAARSTAD ELEKTRO AS. Revenue 43.4k NOK → 34.0k NOK (-21.8%). Net result +16.2k NOK → -9 788 NOK. Equity 67.3k NOK → 54.0k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
43.4k NOK 34.0k NOK
-21.8%
Operating result
+16.2k NOK -9 788 NOK
-160.2%
Net result
+16.2k NOK -9 788 NOK
-160.2%
Equity
67.3k NOK 54.0k NOK
-19.7%
Cash
36.7k NOK 48.3k NOK
+31.6%
Total assets
73.2k NOK 62.4k NOK
-14.8%

What improved

  • ↑

    Cash rose

    Bank deposits 36.7k NOK → 48.3k NOK (+31.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.4k NOK to 34.0k NOK (-21.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.2k NOK → -9 788 NOK (op. margin 37.4% → -28.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 16.2k NOK profit to a loss of 9 788 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 67.3k NOK → 54.0k NOK (equity ratio 91.9% → 86.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 22.1k NOK → 34.8k NOK (+57.6% YoY). Calculated