A. KOLSTAD HOLDING AS: årsregnskap 2022 vs 2021
Grew 24900% on revenue, cash halved-plus
approved 2023-06-30; registry 2023-07-31; journal 2023 673196
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. KOLSTAD HOLDING AS. Revenue 729 NOK → 182.2k NOK (+24900.0%). Net result -30.8k NOK → -37.7k NOK. Equity 30.0k NOK → -7 731 NOK.
On the constructive side: revenue rose; payroll decreased. 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. KOLSTAD HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 729 NOK to 182.2k NOK (+24900.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 633.7k NOK → 158.4k NOK (86923% → 87% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +61.6k NOK → -22.8k NOK (op. margin 8455.4% → -12.5%). Calculated
-
↓
Net result weakened
Net result -30.8k NOK → -37.7k NOK (net margin -4228.5% → -20.7%). Calculated
-
↓
Equity eroded
Book equity 30.0k NOK → -7 731 NOK (equity ratio 5.7% → -2.2%). Calculated
-
↓
Cash fell
Bank deposits 137.7k NOK → 51.1k NOK (-62.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation