A.O. STENLEGGEREN AS: årsregnskap 2022 vs 2021
Shrank 16% on revenue, weaker earnings
registry 2023-08-02; journal 2023 679727
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.O. STENLEGGEREN AS. Revenue 5.57m NOK → 4.66m NOK (-16.2%). Net result +705.9k NOK → +89.0k NOK. Equity 347.0k NOK → 1.44m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. 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. STENLEGGEREN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 347.0k NOK → 1.44m NOK (equity ratio 17.2% → 64.3%). Calculated
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↑
Cash rose
Bank deposits 188.6k NOK → 886.5k NOK (+370.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.67× → 1.21×. Calculated
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↑
Payroll decreased
Salary cost 1.68m NOK → 1.53m NOK (30% → 33% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.57m NOK to 4.66m NOK (-16.2% YoY). Calculated
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↓
Operating result weakened
Operating result +908.4k NOK → +73.6k NOK (op. margin 16.3% → 1.6%). Calculated
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↓
Net result weakened
Net result +705.9k NOK → +89.0k NOK (net margin 12.7% → 1.9%). Calculated
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↓
COGS moved
COGS / varekostnad 1.49m NOK → 1.62m NOK (+8.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 237.0k NOK → 238.2k NOK. Reported fact