A. KIELLANDS GATE 43 AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
registry 2023-08-07; journal 2023 650153
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. KIELLANDS GATE 43 AS. Revenue 700.0k NOK → 700.0k NOK (0.0%). Net result -203.3k NOK → -314.7k NOK. Equity -772.8k NOK → -1.09m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. KIELLANDS GATE 43 AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +54.9k NOK → -78.1k NOK (op. margin 7.8% → -11.2%). Calculated
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↓
Net result weakened
Net result -203.3k NOK → -314.7k NOK (net margin -29.0% → -45.0%). Calculated
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↓
Equity eroded
Book equity -772.8k NOK → -1.09m NOK (equity ratio -8.9% → -13.6%). Calculated
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↓
Cash fell
Bank deposits 174.5k NOK → 42.5k NOK (-75.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -13.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation