A LANGSET AS: årsregnskap 2022 vs 2021
Shrank 48% on revenue, weaker earnings, cash halved-plus
approved 2023-08-07; registry 2023-08-22; journal 2023 705793
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A LANGSET AS. Revenue 4.60m NOK → 2.41m NOK (-47.6%). Net result +14.92m NOK → +674.2k NOK. Equity 17.07m NOK → 15.74m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A LANGSET AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.60m NOK to 2.41m NOK (-47.6% YoY). Calculated
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Operating result weakened
Operating result +2.57m NOK → +1.04m NOK (op. margin 55.8% → 43.2%). Calculated
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Net result weakened
Net result +14.92m NOK → +674.2k NOK (net margin 324.2% → 27.9%). Calculated
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↓
Equity eroded
Book equity 17.07m NOK → 15.74m NOK (equity ratio 66.0% → 84.3%). Calculated
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Cash fell
Bank deposits 1.93m NOK → 505.8k NOK (-73.8% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.93m NOK → 505.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 7.19m NOK → 7.03m NOK. Reported fact