Org.nr 911 374 919 2021 → 2022 Year-over-year analysis

A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2022 vs 2021

Shrank 60% on revenue, slipped into loss, cash halved-plus

approved 2023-06-26; registry 2023-07-12; journal 2023 573388

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Revenue 521.7k NOK → 206.7k NOK (-60.4%). Net result +2.46m NOK → -1.57m NOK. Equity 55.17m NOK → 49.60m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.

Scorecard

Revenue
521.7k NOK 206.7k NOK
-60.4%
Operating result
-465.6k NOK -24.8k NOK
+94.7%
Net result
+2.46m NOK -1.57m NOK
-163.8%
Equity
55.17m NOK 49.60m NOK
-10.1%
Cash
2.44m NOK 1.10m NOK
-54.9%
Total assets
58.38m NOK 53.84m NOK
-7.8%

What improved

  • ↑

    Operating result improved

    Operating result -465.6k NOK → -24.8k NOK (op. margin -89.3% → -12.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 521.7k NOK to 206.7k NOK (-60.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.46m NOK profit to a loss of 1.57m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 55.17m NOK → 49.60m NOK (equity ratio 94.5% → 92.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.44m NOK → 1.10m NOK (-54.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 49.4k NOK → 151.2k NOK (+206.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 218.4k NOK → 102.9k NOK. Reported fact