FirmaIQ
Org.nr 812 084 062 2021 → 2022 Year-over-year analysis

A O GREVSTAD EIENDOM AS: årsregnskap 2022 vs 2021

Shrank 28% on revenue, weaker earnings

approved 2023-06-30; registry 2023-07-12; journal 2023 574108

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for A O GREVSTAD EIENDOM AS. Revenue 16.62m NOK → 11.88m NOK (-28.5%). Net result +22.60m NOK → +8.56m NOK. Equity 90.17m NOK → 92.80m NOK.

On the constructive side: equity strengthened; cash rose. 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 O GREVSTAD EIENDOM AS.

At a glance

Scorecard

Revenue
16.62m NOK 11.88m NOK
-28.5%
Operating result
+728.4k NOK -2.25m NOK
-409.2%
Net result
+22.60m NOK +8.56m NOK
-62.1%
Equity
90.17m NOK 92.80m NOK
+2.9%
Cash
5.61m NOK 45.70m NOK
+715.0%
Total assets
186.33m NOK 185.38m NOK
-0.5%

What improved

  • ↑

    Equity strengthened

    Book equity 90.17m NOK → 92.80m NOK (equity ratio 48.4% → 50.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.61m NOK → 45.70m NOK (+715.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.62m NOK to 11.88m NOK (-28.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +728.4k NOK → -2.25m NOK (op. margin 4.4% → -19.0%). Calculated

  • ↓

    Net result weakened

    Net result +22.60m NOK → +8.56m NOK (net margin 136.0% → 72.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.40m NOK → 3.79m NOK (20% → 32% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10 NOK → 10.35m NOK. Reported fact