A HELGESEN EIENDOM AS: årsregnskap 2022 vs 2021
Grew 20% on revenue
approved 2023-06-30; registry 2023-09-14; journal 2023 727342
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A HELGESEN EIENDOM AS. Revenue 1.63m NOK → 1.95m NOK (+19.9%). Net result -2.63m NOK → -2.32m NOK. Equity 1.92m NOK → -402.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A HELGESEN EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.63m NOK to 1.95m NOK (+19.9% YoY). Calculated
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Operating result improved
Operating result -3.31m NOK → -2.68m NOK (op. margin -203.2% → -137.4%). Calculated
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Net result improved
Net result -2.63m NOK → -2.32m NOK (net margin -161.7% → -119.0%). Calculated
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Cash rose
Bank deposits 247.1k NOK → 435.92m NOK (+176328.1% YoY). Calculated
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Payroll decreased
Salary cost 931.3k NOK → 778.8k NOK (57% → 40% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.92m NOK → -402.9k NOK (equity ratio 31.4% → -4.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation