Org.nr 914 171 091 2021 → 2022 Year-over-year analysis

A. ØRSTAVIK AS: årsregnskap 2022 vs 2021

Grew 8% on revenue, returned to profit

approved 2023-03-01; registry 2023-03-04; journal 2023 316176

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. ØRSTAVIK AS. Revenue 442.3k NOK → 477.2k NOK (+7.9%). Net result -65.6k NOK → +69.2k NOK. Equity 72.0k NOK → 141.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. ØRSTAVIK AS.

Scorecard

Revenue
442.3k NOK 477.2k NOK
+7.9%
Operating result
-59.4k NOK +74.0k NOK
+224.5%
Net result
-65.6k NOK +69.2k NOK
+205.5%
Equity
72.0k NOK 141.2k NOK
+96.1%
Cash
34.9k NOK 52.1k NOK
+49.3%
Total assets
592.0k NOK 466.0k NOK
-21.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 442.3k NOK to 477.2k NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -59.4k NOK → +74.0k NOK (op. margin -13.4% → 15.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 65.6k NOK to a profit of 69.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 72.0k NOK → 141.2k NOK (equity ratio 12.2% → 30.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 34.9k NOK → 52.1k NOK (+49.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 421.8k NOK → 306.4k NOK (-27.4% YoY). Calculated