A.K. KVALITET ENTREPRENØR AS: årsregnskap 2022 vs 2021
Shrank 59% on revenue, returned to profit
approved 2023-05-31; registry 2023-07-29; journal 2023 665823
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.K. KVALITET ENTREPRENØR AS. Revenue 787.2k NOK → 320.5k NOK (-59.3%). Net result -32.6k NOK → +31.8k NOK. Equity -12.7k NOK → 19.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.K. KVALITET ENTREPRENØR AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -16.8k NOK → +48.0k NOK (op. margin -2.1% → 15.0%). Calculated
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Turned profitable
Net result flipped from a loss of 32.6k NOK to a profit of 31.8k NOK. Calculated
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Equity strengthened
Book equity -12.7k NOK → 19.1k NOK (equity ratio -3.4% → 15.6%). Calculated
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Current ratio back above 1×
Current ratio 0.90× → 1.18×. Calculated
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Payroll decreased
Salary cost 290.8k NOK → 6 704 NOK (37% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 787.2k NOK to 320.5k NOK (-59.3% YoY). Calculated
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↓
Cash fell
Bank deposits 8 913 NOK → 7 652 NOK (-14.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 102.1k NOK → 33.9k NOK (-66.7% YoY). Calculated