A/S Mascot Holding: årsregnskap 2022 vs 2021
Cash halved-plus
approved 2023-06-28; registry 2023-08-05; journal 2023 644058
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A/S Mascot Holding. Revenue 189.68m NOK → 186.40m NOK (-1.7%). Net result +6.91m NOK → +5.63m NOK. Equity 65.25m NOK → 62.88m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S Mascot Holding.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 10.14m NOK → 136.9k NOK (5% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 189.68m NOK to 186.40m NOK (-1.7% YoY). Calculated
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↓
Operating result weakened
Operating result -252.9k NOK → -254.4k NOK (op. margin -0.1% → -0.1%). Calculated
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↓
Net result weakened
Net result +6.91m NOK → +5.63m NOK (net margin 3.6% → 3.0%). Calculated
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↓
Equity eroded
Book equity 65.25m NOK → 62.88m NOK (equity ratio 74.8% → 63.6%). Calculated
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↓
Cash fell
Bank deposits 14.55m NOK → 451.0k NOK (-96.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (14.55m NOK → 451.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 62.20m NOK → 92.82m NOK. Reported fact