A STEEN TRANSPORT AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, weaker earnings
approved 2023-06-30; registry 2023-07-19; journal 2023 592085
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A STEEN TRANSPORT AS. Revenue 7.87m NOK → 8.48m NOK (+7.8%). Net result +821.1k NOK → +391.3k NOK. Equity 3.41m NOK → 3.80m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A STEEN TRANSPORT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.87m NOK to 8.48m NOK (+7.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 3.41m NOK → 3.80m NOK (equity ratio 61.2% → 66.3%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1.10m NOK → +546.1k NOK (op. margin 14.0% → 6.4%). Calculated
-
↓
Net result weakened
Net result +821.1k NOK → +391.3k NOK (net margin 10.4% → 4.6%). Calculated
-
↓
Cash fell
Bank deposits 1.72m NOK → 1.64m NOK (-4.2% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.90m NOK → 2.36m NOK (24% → 28% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 300.8k NOK → 118.9k NOK (-60.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 602.3k NOK → 463.3k NOK. Reported fact