A.K HESTEUTSTYR AS: årsregnskap 2022 vs 2021
Grew 2944% on revenue, weaker earnings
approved 2023-04-24; registry 2023-05-02; journal 2023 378505
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.K HESTEUTSTYR AS. Revenue 17.1k NOK → 521.0k NOK (+2944.4%). Net result -41.2k NOK → -320.9k NOK. Equity 4.15m NOK → -167.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.K HESTEUTSTYR AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 17.1k NOK to 521.0k NOK (+2944.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 6 788 NOK → 45.4k NOK (+568.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -40.4k NOK → -302.6k NOK (op. margin -236.2% → -58.1%). Calculated
-
↓
Net result weakened
Net result -41.2k NOK → -320.9k NOK (net margin -240.6% → -61.6%). Calculated
-
↓
Equity eroded
Book equity 4.15m NOK → -167.6k NOK (equity ratio 1476.4% → -18.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.20× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -18.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 11.8k NOK → 381.2k NOK (+3117.7% YoY). Calculated