A & S COMPOSITT AS: årsregnskap 2022 vs 2021
Shrank 7% on revenue, weaker earnings
registry 2023-07-12; journal 2023 605148
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A & S COMPOSITT AS. Revenue 1.47m NOK → 1.36m NOK (-7.4%). Net result +205.6k NOK → +52.8k NOK. Equity 145.6k NOK → 138.4k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A & S COMPOSITT AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.47m NOK to 1.36m NOK (-7.4% YoY). Calculated
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↓
Operating result weakened
Operating result +264.4k NOK → +68.4k NOK (op. margin 18.0% → 5.0%). Calculated
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↓
Net result weakened
Net result +205.6k NOK → +52.8k NOK (net margin 14.0% → 3.9%). Calculated
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↓
Equity eroded
Book equity 145.6k NOK → 138.4k NOK (equity ratio 33.0% → 34.9%). Calculated
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↓
Cash fell
Bank deposits 319.2k NOK → 214.1k NOK (-32.9% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 357.9k NOK → 337.9k NOK (-5.6% YoY). Calculated