Org.nr 917 367 728 2021 → 2022 Year-over-year analysis

A.K. SNEKRING AS: årsregnskap 2022 vs 2021

Shrank 37% on revenue, stronger earnings

approved 2023-06-27; registry 2023-06-29; journal 2023 536978

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A.K. SNEKRING AS. Revenue 2.04m NOK → 1.29m NOK (-36.6%). Net result -218.4k NOK → -105.0k NOK. Equity 286.5k NOK → 181.5k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.K. SNEKRING AS.

Scorecard

Revenue
2.04m NOK 1.29m NOK
-36.6%
Operating result
-219.5k NOK -104.9k NOK
+52.2%
Net result
-218.4k NOK -105.0k NOK
+51.9%
Equity
286.5k NOK 181.5k NOK
-36.7%
Cash
367.4k NOK 240.7k NOK
-34.5%
Total assets
474.1k NOK 308.7k NOK
-34.9%

What improved

  • ↑

    Operating result improved

    Operating result -219.5k NOK → -104.9k NOK (op. margin -10.8% → -8.1%). Calculated

  • ↑

    Net result improved

    Net result -218.4k NOK → -105.0k NOK (net margin -10.7% → -8.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.04m NOK to 1.29m NOK (-36.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 286.5k NOK → 181.5k NOK (equity ratio 60.4% → 58.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 367.4k NOK → 240.7k NOK (-34.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.97m NOK → 2.84m NOK (97% → 219% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 742.7k NOK → 155.9k NOK (-79.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact