Org.nr 932 825 260 2021 → 2022 Year-over-year analysis

A/S LOCO: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-06-14; registry 2023-06-26; journal 2023 506188

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for A/S LOCO. Net result +58.96m NOK → +19.59m NOK. Equity 3.27bn NOK → 1.29bn NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S LOCO.

At a glance

Operating result

-3.80m NOK -4.58m NOK

-20.6%

Net result

+58.96m NOK +19.59m NOK

-66.8%

Equity

3.27bn NOK 1.29bn NOK

-60.6%

Cash

71.85m NOK 14.50m NOK

-79.8%

Total assets

268.60m NOK 288.19m NOK

+7.3%

↓
Operating result weakened

Operating result -3.80m NOK → -4.58m NOK. Calculated
↓
Net result weakened

Net result +58.96m NOK → +19.59m NOK. Calculated
↓
Equity eroded

Book equity 3.27bn NOK → 1.29bn NOK (equity ratio 1216.9% → 447.0%). Calculated
↓
Cash fell

Bank deposits 71.85m NOK → 14.50m NOK (-79.8% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (71.85m NOK → 14.50m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 111.93m NOK → 169.52m NOK. Reported fact