Org.nr 980 170 179 2021 → 2022 Year-over-year analysis

A HJELLE EIENDOM AS: årsregnskap 2022 vs 2021

Grew 40% on revenue, stronger earnings

approved 2023-06-30; registry 2023-07-25; journal 2023 648570

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A HJELLE EIENDOM AS. Revenue 270.0k NOK → 377.0k NOK (+39.6%). Net result -812.0k NOK → -31.3k NOK. Equity -150.8k NOK → -182.1k 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 HJELLE EIENDOM AS.

Scorecard

Revenue
270.0k NOK 377.0k NOK
+39.6%
Operating result
-766.8k NOK +30.2k NOK
+103.9%
Net result
-812.0k NOK -31.3k NOK
+96.2%
Equity
-150.8k NOK -182.1k NOK
-20.7%
Cash
20.4k NOK 25.6k NOK
+25.6%
Total assets
1.65m NOK 1.65m NOK
+0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 270.0k NOK to 377.0k NOK (+39.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -766.8k NOK → +30.2k NOK (op. margin -284.0% → 8.0%). Calculated

  • ↑

    Net result improved

    Net result -812.0k NOK → -31.3k NOK (net margin -300.8% → -8.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 20.4k NOK → 25.6k NOK (+25.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.55× → 2.29×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -150.8k NOK → -182.1k NOK (equity ratio -9.1% → -11.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -11.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation