A. NEGAARD AS: årsregnskap 2022 vs 2021
Shrank 14% on revenue, weaker earnings, cash halved-plus
approved 2023-03-31; registry 2023-04-17; journal 2023 355999
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. NEGAARD AS. Revenue 1.81m NOK → 1.56m NOK (-13.9%). Net result +11.43m NOK → +303.4k NOK. Equity 11.55m NOK → 853.4k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. NEGAARD AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +293.0k NOK → +315.4k NOK (op. margin 16.1% → 20.2%). Calculated
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Payroll decreased
Salary cost 538.3k NOK → 414.8k NOK (30% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.81m NOK to 1.56m NOK (-13.9% YoY). Calculated
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↓
Net result weakened
Net result +11.43m NOK → +303.4k NOK (net margin 629.8% → 19.4%). Calculated
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↓
Equity eroded
Book equity 11.55m NOK → 853.4k NOK (equity ratio 768.1% → 59.8%). Calculated
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Cash fell
Bank deposits 492.0k NOK → 217.1k NOK (-55.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7 517 NOK → 1 825 NOK (-75.7% YoY). Calculated