A. KVALSUND AS: årsregnskap 2022 vs 2021
Shrank 19% on revenue, returned to profit
approved 2023-02-23; registry 2023-03-08; journal 2023 319587
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. KVALSUND AS. Revenue 1.91m NOK → 1.54m NOK (-19.4%). Net result -312.8k NOK → +108.3k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. KVALSUND AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -292.5k NOK → +133.9k NOK (op. margin -15.3% → 8.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 312.8k NOK to a profit of 108.3k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.91m NOK to 1.54m NOK (-19.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.65m NOK → 2.90m NOK (86% → 189% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 236.1k NOK → 257.9k NOK (+9.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 13.5k NOK → 0 NOK. Reported fact