Org.nr 914 929 849 2021 → 2022 Year-over-year analysis

A.O. EIDE MASKINENTREPRENØR AS: årsregnskap 2022 vs 2021

Grew 7% on revenue, stronger earnings

approved 2023-06-14; registry 2023-06-22; journal 2023 492084

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A.O. EIDE MASKINENTREPRENØR AS. Revenue 6.43m NOK → 6.86m NOK (+6.8%). Net result +402.0k NOK → +499.3k NOK. Equity 2.95m NOK → 3.15m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A.O. EIDE MASKINENTREPRENØR AS.

Scorecard

Revenue
6.43m NOK 6.86m NOK
+6.8%
Operating result
+521.3k NOK +665.1k NOK
+27.6%
Net result
+402.0k NOK +499.3k NOK
+24.2%
Equity
2.95m NOK 3.15m NOK
+6.8%
Cash
1.13m NOK 1.78m NOK
+57.0%
Total assets
3.89m NOK 4.90m NOK
+26.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.43m NOK to 6.86m NOK (+6.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +521.3k NOK → +665.1k NOK (op. margin 8.1% → 9.7%). Calculated

  • ↑

    Net result improved

    Net result +402.0k NOK → +499.3k NOK (net margin 6.3% → 7.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.95m NOK → 3.15m NOK (equity ratio 75.9% → 64.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.13m NOK → 1.78m NOK (+57.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.55m NOK → 2.65m NOK (40% → 39% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 620.7k NOK → 517.5k NOK (-16.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 123.7k NOK → 118.3k NOK. Reported fact