A. LANGSETH HOLDING AS: årsregnskap 2022 vs 2021
Shrank 48% on revenue, weaker earnings
approved 2023-05-08; registry 2023-05-13; journal 2023 401676
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. LANGSETH HOLDING AS. Revenue 66.0k NOK → 34.3k NOK (-48.1%). Net result +43.1k NOK → +33.0k NOK. Equity 1.40m NOK → 930.7k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. LANGSETH HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 66.0k NOK to 34.3k NOK (-48.1% YoY). Calculated
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Operating result weakened
Operating result +46.9k NOK → +19.6k NOK (op. margin 71.0% → 57.2%). Calculated
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Net result weakened
Net result +43.1k NOK → +33.0k NOK (net margin 65.3% → 96.3%). Calculated
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↓
Equity eroded
Book equity 1.40m NOK → 930.7k NOK (equity ratio 83.2% → 64.3%). Calculated
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Cash fell
Bank deposits 674.9k NOK → 416.8k NOK (-38.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 844.6k NOK → 867.4k NOK. Reported fact