FirmaIQ
Org.nr 947 454 838 2021 → 2022 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2022 vs 2021

Grew 33% on revenue

approved 2023-05-31; registry 2023-06-26; journal 2023 501579

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for A/S Hørtefossen. Revenue 8.30m NOK → 11.07m NOK (+33.2%). Net result +858.7k NOK → +999.1k NOK. Equity 10.09m NOK → 11.08m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S Hørtefossen.

At a glance

Scorecard

Revenue
8.30m NOK 11.07m NOK
+33.2%
Operating result
+1.08m NOK +1.27m NOK
+17.3%
Net result
+858.7k NOK +999.1k NOK
+16.3%
Equity
10.09m NOK 11.08m NOK
+9.9%
Cash
1.79m NOK 1.62m NOK
-9.4%
Total assets
12.22m NOK 13.61m NOK
+11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.30m NOK to 11.07m NOK (+33.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.08m NOK → +1.27m NOK (op. margin 13.0% → 11.4%). Calculated

  • ↑

    Net result improved

    Net result +858.7k NOK → +999.1k NOK (net margin 10.3% → 9.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.09m NOK → 11.08m NOK (equity ratio 82.5% → 81.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.79m NOK → 1.62m NOK (-9.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.97m NOK → 3.49m NOK (36% → 32% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.76m NOK → 3.39m NOK (+23.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.47m NOK → 5.79m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5. Reported fact