A/S Magnus Bergsgate 6: årsregnskap 2022 vs 2021
Slipped into loss
registry 2023-06-10; journal 2023 446648
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A/S Magnus Bergsgate 6. Revenue 955.8k NOK → 967.9k NOK (+1.3%). Net result +58.8k NOK → -492.2k NOK. Equity -438.4k NOK → -930.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Magnus Bergsgate 6.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 955.8k NOK to 967.9k NOK (+1.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +70.0k NOK → -473.1k NOK (op. margin 7.3% → -48.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 58.8k NOK profit to a loss of 492.2k NOK. Calculated
-
↓
Equity eroded
Book equity -438.4k NOK → -930.6k NOK (equity ratio -99.1% → -207.6%). Calculated
-
↓
Cash fell
Bank deposits 61.2k NOK → 51.7k NOK (-15.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -207.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation