Org.nr 914 412 153 2021 → 2022 Year-over-year analysis

A.S.K PROSJEKT AS: årsregnskap 2022 vs 2021

Weaker earnings

registry 2023-06-24; journal 2023 513599

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A.S.K PROSJEKT AS. Revenue 376.2k NOK → 387.0k NOK (+2.9%). Net result -41.3k NOK → -261.6k NOK. Equity -261.2k NOK → -522.8k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.S.K PROSJEKT AS.

Scorecard

Revenue
376.2k NOK 387.0k NOK
+2.9%
Operating result
-49.4k NOK -175.9k NOK
-255.7%
Net result
-41.3k NOK -261.6k NOK
-533.8%
Equity
-261.2k NOK -522.8k NOK
-100.1%
Cash
8 093 NOK 8 262 NOK
+2.1%
Total assets
100.2k NOK 20.2k NOK
-79.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 376.2k NOK to 387.0k NOK (+2.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -49.4k NOK → -175.9k NOK (op. margin -13.1% → -45.4%). Calculated

  • ↓

    Net result weakened

    Net result -41.3k NOK → -261.6k NOK (net margin -11.0% → -67.6%). Calculated

  • ↓

    Equity eroded

    Book equity -261.2k NOK → -522.8k NOK (equity ratio -260.7% → -2588.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2588.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 247.5k NOK → 450.9k NOK (+82.2% YoY). Calculated