Org.nr 998 590 493 2021 → 2022 Year-over-year analysis

A. MARTINSEN EIENDOM AS: årsregnskap 2022 vs 2021

Grew 17% on revenue, stronger earnings, cash halved-plus

approved 2023-04-20; registry 2023-04-29; journal 2023 374671

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. MARTINSEN EIENDOM AS. Revenue 1.49m NOK → 1.74m NOK (+16.8%). Net result +217.4k NOK → +451.9k NOK. Equity 1.68m NOK → 2.13m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.49m NOK 1.74m NOK
+16.8%
Operating result
+687.4k NOK +24.8k NOK
-96.4%
Net result
+217.4k NOK +451.9k NOK
+107.9%
Equity
1.68m NOK 2.13m NOK
+26.9%
Cash
679.9k NOK 190.3k NOK
-72.0%
Total assets
17.85m NOK 17.46m NOK
-2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.49m NOK to 1.74m NOK (+16.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +217.4k NOK → +451.9k NOK (net margin 14.6% → 26.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.68m NOK → 2.13m NOK (equity ratio 9.4% → 12.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +687.4k NOK → +24.8k NOK (op. margin 46.1% → 1.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 679.9k NOK → 190.3k NOK (-72.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.08× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated