Org.nr 989 217 232 2021 → 2022 Year-over-year analysis

A HVIDE HOLDING AS: årsregnskap 2022 vs 2021

Shrank 17% on revenue, slipped into loss

approved 2023-06-13; registry 2023-06-22; journal 2023 494058

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A HVIDE HOLDING AS. Revenue 446.4k NOK → 371.6k NOK (-16.8%). Net result +19.82m NOK → -252.3k NOK. Equity 7.21bn NOK → 7.20bn NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
446.4k NOK 371.6k NOK
-16.8%
Operating result
-212.7k NOK +102.3k NOK
+148.1%
Net result
+19.82m NOK -252.3k NOK
-101.3%
Equity
7.21bn NOK 7.20bn NOK
-0.2%
Cash
1.75m NOK 1.30m NOK
-25.9%
Total assets
218.11m NOK 212.88m NOK
-2.4%

What improved

  • ↑

    Operating result improved

    Operating result -212.7k NOK → +102.3k NOK (op. margin -47.6% → 27.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 14.7k NOK → 3 197 NOK (3% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 446.4k NOK to 371.6k NOK (-16.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 19.82m NOK profit to a loss of 252.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 7.21bn NOK → 7.20bn NOK (equity ratio 3304.3% → 3380.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.75m NOK → 1.30m NOK (-25.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 35.94× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated