FirmaIQ
Org.nr 922 061 238 2021 → 2022 Year-over-year analysis

A. HESKESTAD AS: årsregnskap 2022 vs 2021

Grew 64040% on revenue, stronger earnings, fresh owner capital

registry 2023-06-17; journal 2023 494936

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for A. HESKESTAD AS. Revenue 390.8k NOK → 250.68m NOK (+64040.5%). Net result -188.9k NOK → -85.2k NOK. Equity -165.4k NOK → -250.6k NOK.

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

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

At a glance

Scorecard

Revenue
390.8k NOK 250.68m NOK
+64040.5%
Operating result
-121.9k NOK -21.5k NOK
+82.4%
Net result
-188.9k NOK -85.2k NOK
+54.9%
Equity
-165.4k NOK -250.6k NOK
-51.5%
Cash
46.3k NOK 65.2k NOK
+40.9%
Total assets
455.2k NOK 520.7k NOK
+14.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 390.8k NOK to 250.68m NOK (+64040.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -121.9k NOK → -21.5k NOK (op. margin -31.2% → -0.0%). Calculated

  • ↑

    Net result improved

    Net result -188.9k NOK → -85.2k NOK (net margin -48.3% → -0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 46.3k NOK → 65.2k NOK (+40.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity -165.4k NOK → -250.6k NOK (equity ratio -36.3% → -48.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -48.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 121.9k NOK → 6 219 NOK (-94.9% YoY). Calculated