FirmaIQ
Org.nr 916 591 144 2021 → 2022 Year-over-year analysis

A/S SØRENSEN OG BALCHEN: årsregnskap 2022 vs 2021

Shrank 10% on revenue

approved 2023-04-06; registry 2023-08-16; journal 2023 684309

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for A/S SØRENSEN OG BALCHEN. Revenue 577.35m NOK → 521.62m NOK (-9.7%). Net result +134.48m NOK → +120.41m NOK. Equity 300.30m NOK → 302.21m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.

At a glance

Scorecard

Revenue
577.35m NOK 521.62m NOK
-9.7%
Operating result
+140.78m NOK +134.11m NOK
-4.7%
Net result
+134.48m NOK +120.41m NOK
-10.5%
Equity
300.30m NOK 302.21m NOK
+0.6%
Cash
2.86m NOK 2.85m NOK
-0.1%
Total assets
554.72m NOK 532.68m NOK
-4.0%

What improved

  • ↑

    Equity strengthened

    Book equity 300.30m NOK → 302.21m NOK (equity ratio 54.1% → 56.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 58.17m NOK → 54.67m NOK (10% → 10% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 577.35m NOK to 521.62m NOK (-9.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +140.78m NOK → +134.11m NOK (op. margin 24.4% → 25.7%). Calculated

  • ↓

    Net result weakened

    Net result +134.48m NOK → +120.41m NOK (net margin 23.3% → 23.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.86m NOK → 2.85m NOK (-0.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 299.90m NOK → 253.79m NOK (-15.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13 NOK → 237.33m NOK. Reported fact