A PEDERSEN & SØNN LASTEBILTRANSPORT AS: årsregnskap 2022 vs 2021
Slipped into loss, cash halved-plus
approved 2023-03-25; registry 2023-06-28; journal 2023 516777
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A PEDERSEN & SØNN LASTEBILTRANSPORT AS. Revenue 71.86m NOK → 68.29m NOK (-5.0%). Net result +1.73m NOK → -2.32m NOK. Equity 13.24m NOK → -2.07m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; sharp cash drawdown; headcount (årsverk) changed. All figures are taken from the published annual accounts for A PEDERSEN & SØNN LASTEBILTRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 32.47m NOK → 26.50m NOK (45% → 39% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 71.86m NOK to 68.29m NOK (-5.0% YoY). Calculated
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↓
Operating result weakened
Operating result +1.76m NOK → -2.42m NOK (op. margin 2.5% → -3.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 1.73m NOK profit to a loss of 2.32m NOK. Calculated
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↓
Equity eroded
Book equity 13.24m NOK → -2.07m NOK (equity ratio 62.6% → -10.4%). Calculated
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↓
Cash fell
Bank deposits 8.71m NOK → 1.61m NOK (-81.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.71m NOK → 1.61m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 75 → 73. Reported fact