Org.nr 980 729 109 2021 → 2022 Year-over-year analysis

A. SÆTHER COMPAGNIET EIENDOM AS: årsregnskap 2022 vs 2021

Grew 1103% on revenue, slipped into loss, cash halved-plus

approved 2023-05-23; registry 2023-06-05; journal 2023 423195

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A. SÆTHER COMPAGNIET EIENDOM AS. Revenue 92.4k NOK → 1.11m NOK (+1103.1%). Net result +87.0k NOK → -124.5k NOK. Equity 1.89m NOK → 1.77m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. SÆTHER COMPAGNIET EIENDOM AS.

Scorecard

Revenue
92.4k NOK 1.11m NOK
+1103.1%
Operating result
+645.5k NOK +643.5k NOK
-0.3%
Net result
+87.0k NOK -124.5k NOK
-243.2%
Equity
1.89m NOK 1.77m NOK
-6.6%
Cash
354.4k NOK 167.0k NOK
-52.9%
Total assets
25.96m NOK 25.88m NOK
-0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 92.4k NOK to 1.11m NOK (+1103.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +645.5k NOK → +643.5k NOK (op. margin 698.7% → 57.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 87.0k NOK profit to a loss of 124.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.89m NOK → 1.77m NOK (equity ratio 7.3% → 6.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 354.4k NOK → 167.0k NOK (-52.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation