Org.nr 920 405 738 2021 → 2022 Year-over-year analysis

A/S Skog: årsregnskap 2022 vs 2021

Shrank 33% on revenue, stronger earnings

registry 2023-07-03; journal 2023 553349

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A/S Skog. Revenue 453.6k NOK → 304.1k NOK (-32.9%). Net result +109.4k NOK → +308.5k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Skog.

Scorecard

Revenue
453.6k NOK 304.1k NOK
-32.9%
Operating result
+65.0k NOK +267.2k NOK
+310.9%
Net result
+109.4k NOK +308.5k NOK
+182.0%

What improved

  • ↑

    Operating result improved

    Operating result +65.0k NOK → +267.2k NOK (op. margin 14.3% → 87.9%). Calculated

  • ↑

    Net result improved

    Net result +109.4k NOK → +308.5k NOK (net margin 24.1% → 101.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 178.3k NOK → 91.8k NOK (39% → 30% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 453.6k NOK to 304.1k NOK (-32.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 80.1k NOK → 1.16m NOK (+1343.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.17m NOK → 172.1k NOK. Reported fact