A JOHANSEN AS: årsregnskap 2022 vs 2021
Grew 47% on revenue, weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-08-29; journal 2023 720074
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A JOHANSEN AS. Revenue 26.94m NOK → 39.57m NOK (+46.9%). Net result +839.6k NOK → +579.7k NOK. Equity 5.49m NOK → 7.07m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for A JOHANSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 26.94m NOK to 39.57m NOK (+46.9% YoY). Calculated
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Operating result improved
Operating result +1.47m NOK → +2.88m NOK (op. margin 5.5% → 7.3%). Calculated
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Equity strengthened
Book equity 5.49m NOK → 7.07m NOK (equity ratio 32.1% → 33.7%). Calculated
What deteriorated
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↓
Net result weakened
Net result +839.6k NOK → +579.7k NOK (net margin 3.1% → 1.5%). Calculated
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Cash fell
Bank deposits 9.22m NOK → 172.3k NOK (-98.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (9.22m NOK → 172.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 5.30m NOK → 5.51m NOK (20% → 14% of revenue). Calculated
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COGS moved
COGS / varekostnad 14.43m NOK → 24.02m NOK (+66.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 12 → 10. Reported fact