Org.nr 944 763 317 2021 → 2022 Year-over-year analysis

A/S SCAN AFRICAN: årsregnskap 2022 vs 2021

Grew 35% on revenue, stronger earnings

approved 2023-07-31; registry 2023-08-02; journal 2023 687185

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A/S SCAN AFRICAN. Revenue 399.1k NOK → 539.7k NOK (+35.2%). Net result -279.7k NOK → -9 201 NOK. Equity 6.05m NOK → 6.04m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.

Scorecard

Revenue
399.1k NOK 539.7k NOK
+35.2%
Operating result
-261.4k NOK +48.9k NOK
+118.7%
Net result
-279.7k NOK -9 201 NOK
+96.7%
Equity
6.05m NOK 6.04m NOK
-0.2%
Cash
2.28m NOK 1.96m NOK
-14.3%
Total assets
9.07m NOK 9.05m NOK
-0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 399.1k NOK to 539.7k NOK (+35.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -261.4k NOK → +48.9k NOK (op. margin -65.5% → 9.1%). Calculated

  • ↑

    Net result improved

    Net result -279.7k NOK → -9 201 NOK (net margin -70.1% → -1.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 369.1k NOK → 2 621 NOK (92% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.05m NOK → 6.04m NOK (equity ratio 66.7% → 66.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.28m NOK → 1.96m NOK (-14.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 943 NOK → 44.1k NOK (+4573.8% YoY). Calculated