A.S DRIFT & SERVICE AS: årsregnskap 2022 vs 2021
Grew 9% on revenue
approved 2023-04-23; registry 2023-04-26; journal 2023 370997
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.S DRIFT & SERVICE AS. Revenue 1.48m NOK → 1.62m NOK (+8.9%). Net result -115.1k NOK → -102.9k NOK. Equity 131.7k NOK → 8 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.S DRIFT & SERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.48m NOK to 1.62m NOK (+8.9% YoY). Calculated
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Operating result improved
Operating result -115.5k NOK → -84.3k NOK (op. margin -7.8% → -5.2%). Calculated
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Net result improved
Net result -115.1k NOK → -102.9k NOK (net margin -7.8% → -6.4%). Calculated
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Payroll decreased
Salary cost 858.2k NOK → 831.0k NOK (58% → 51% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 131.7k NOK → 8 NOK (equity ratio 277.5% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 247.6k NOK → 193.8k NOK (-21.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 313.5k NOK → 302.5k NOK (-3.5% YoY). Calculated