A-TRACT AS: årsregnskap 2022 vs 2021
Shrank 49% on revenue, stronger earnings
approved 2023-02-13; registry 2023-02-20; journal 2023 308148
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A-TRACT AS. Revenue 2.64m NOK → 1.36m NOK (-48.7%). Net result -347.7k NOK → -165.6k NOK. Equity -406.4k NOK → -572.0k NOK.
On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A-TRACT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -351.6k NOK → -165.3k NOK (op. margin -13.3% → -12.2%). Calculated
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Net result improved
Net result -347.7k NOK → -165.6k NOK (net margin -13.1% → -12.2%). Calculated
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Current ratio back above 1×
Current ratio 0.51× → 3.58×. Calculated
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Payroll decreased
Salary cost 2.25m NOK → 1.84m NOK (85% → 136% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.64m NOK to 1.36m NOK (-48.7% YoY). Calculated
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Equity eroded
Book equity -406.4k NOK → -572.0k NOK (equity ratio -81.0% → -97.6%). Calculated
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Cash fell
Bank deposits 182.0k NOK → 132.2k NOK (-27.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -97.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 233.8k NOK → 160.9k NOK (-31.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 3 → 2. Reported fact