Org.nr 923 314 083 2021 → 2022 Year-over-year analysis

A&M MASKIN AS: årsregnskap 2022 vs 2021

Grew 27% on revenue, stronger earnings, cash halved-plus

approved 2023-04-04; registry 2023-04-12; journal 2023 348428

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A&M MASKIN AS. Revenue 5.37m NOK → 6.84m NOK (+27.3%). Net result +170.1k NOK → +622.6k NOK. Equity 1.20m NOK → 1.83m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A&M MASKIN AS.

Scorecard

Revenue
5.37m NOK 6.84m NOK
+27.3%
Operating result
+218.2k NOK +787.7k NOK
+261.1%
Net result
+170.1k NOK +622.6k NOK
+266.1%
Equity
1.20m NOK 1.83m NOK
+51.7%
Cash
818.3k NOK 372.3k NOK
-54.5%
Total assets
2.52m NOK 4.14m NOK
+64.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.37m NOK to 6.84m NOK (+27.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +218.2k NOK → +787.7k NOK (op. margin 4.1% → 11.5%). Calculated

  • ↑

    Net result improved

    Net result +170.1k NOK → +622.6k NOK (net margin 3.2% → 9.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.20m NOK → 1.83m NOK (equity ratio 47.7% → 44.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 818.3k NOK → 372.3k NOK (-54.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.08× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 552.5k NOK → 19.0k NOK. Reported fact