A.S. MONTASJE AS: årsregnskap 2022 vs 2021
Grew 29% on revenue, returned to profit
registry 2023-08-24; journal 2023 712848
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.S. MONTASJE AS. Revenue 18.16m NOK → 23.45m NOK (+29.2%). Net result -359.2k NOK → +1.55m NOK. Equity 7.10m NOK → 1.46m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A.S. MONTASJE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 18.16m NOK to 23.45m NOK (+29.2% YoY). Calculated
-
↑
Operating result improved
Operating result -322.0k NOK → +167.2k NOK (op. margin -1.8% → 0.7%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 359.2k NOK to a profit of 1.55m NOK. Calculated
-
↑
Cash rose
Bank deposits 535.9k NOK → 566.9k NOK (+5.8% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.91× → 1.20×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7.10m NOK → 1.46m NOK (equity ratio 123.2% → 19.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 5.76m NOK → 6.83m NOK (32% → 29% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 8.95m NOK → 10.30m NOK (+15.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 55.2k NOK → 34.5k NOK. Reported fact