A J BREIVIK EIENDOM AS: årsregnskap 2022 vs 2021
Slipped into loss
approved 2023-06-02; registry 2023-06-05; journal 2023 466515
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A J BREIVIK EIENDOM AS. Revenue 1.26m NOK → 1.32m NOK (+4.8%). Net result +77.5k NOK → -29.8k NOK. Equity 410.1k NOK → 380.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A J BREIVIK EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.26m NOK to 1.32m NOK (+4.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +485.6k NOK → +322.1k NOK (op. margin 38.5% → 24.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 77.5k NOK profit to a loss of 29.8k NOK. Calculated
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↓
Equity eroded
Book equity 410.1k NOK → 380.3k NOK (equity ratio 4.4% → 4.4%). Calculated
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↓
Cash fell
Bank deposits 340.5k NOK → 207.9k NOK (-38.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.01× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 454.8k NOK → 460.2k NOK. Reported fact