A'HEAD EXECUTIVE AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, slipped into loss
approved 2023-04-25; registry 2023-07-11; journal 2023 572838
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A'HEAD EXECUTIVE AS. Revenue 7.66m NOK → 8.26m NOK (+7.9%). Net result +135.5k NOK → -27.8k NOK. Equity 240.9k NOK → 213.1k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A'HEAD EXECUTIVE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.66m NOK to 8.26m NOK (+7.9% YoY). Calculated
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↑
Cash rose
Bank deposits 674.6k NOK → 830.6k NOK (+23.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 1.03×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +177.2k NOK → -32.7k NOK (op. margin 2.3% → -0.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 135.5k NOK profit to a loss of 27.8k NOK. Calculated
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↓
Equity eroded
Book equity 240.9k NOK → 213.1k NOK (equity ratio 11.2% → 6.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 497.2k NOK → 221.9k NOK (-55.4% YoY). Calculated