Org.nr 992 633 956 2021 → 2022 Year-over-year analysis

A. ØSTVAAG AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-06-29; registry 2023-08-02; journal 2023 692467

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. ØSTVAAG AS. Net result +2.32m NOK → +35.21m NOK. Equity 16.19m NOK → 47.89m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Net constructive year on the published lines.

Scorecard

Operating result
-89.3k NOK -392.1k NOK
-339.0%
Net result
+2.32m NOK +35.21m NOK
+1414.6%
Equity
16.19m NOK 47.89m NOK
+195.9%
Cash
6.50m NOK 22.25m NOK
+242.1%
Total assets
14.39m NOK 48.90m NOK
+239.9%

What improved

  • ↑

    Net result improved

    Net result +2.32m NOK → +35.21m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 16.19m NOK → 47.89m NOK (equity ratio 112.5% → 97.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.50m NOK → 22.25m NOK (+242.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -4.05× → 35.84×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -89.3k NOK → -392.1k NOK. Calculated