A J STANGELAND EIENDOM AS: årsregnskap 2022 vs 2021
Shrank 98% on revenue, stronger earnings
approved 2023-06-28; registry 2023-08-03; journal 2023 640169
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A J STANGELAND EIENDOM AS. Revenue 524.5k NOK → 10.9k NOK (-97.9%). Net result +258.0k NOK → +943.7k NOK. Equity 7.31m NOK → 4.76m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A J STANGELAND EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +258.0k NOK → +943.7k NOK (net margin 49.2% → 8654.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 524.5k NOK to 10.9k NOK (-97.9% YoY). Calculated
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↓
Operating result weakened
Operating result +54.4k NOK → -186.5k NOK (op. margin 10.4% → -1710.3%). Calculated
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↓
Equity eroded
Book equity 7.31m NOK → 4.76m NOK (equity ratio 94.2% → 54.8%). Calculated
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↓
Cash fell
Bank deposits 4.74m NOK → 4.39m NOK (-7.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 31.3k NOK → 225.4k NOK (6% → 2067% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 4 NOK. Reported fact