FirmaIQ
Org.nr 992 414 561 2021 → 2022 Year-over-year analysis

A. WAAG & CO. AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-06-29; registry 2023-07-06; journal 2023 551791

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for A. WAAG & CO. AS. Revenue 6.17m NOK → 6.39m NOK (+3.5%). Net result +480.2k NOK → +748.9k NOK. Equity 589.1k NOK → 638.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. WAAG & CO. AS.

At a glance

Scorecard

Revenue
6.17m NOK 6.39m NOK
+3.5%
Operating result
+638.9k NOK +985.3k NOK
+54.2%
Net result
+480.2k NOK +748.9k NOK
+56.0%
Equity
589.1k NOK 638.1k NOK
+8.3%
Cash
801.4k NOK 303.7k NOK
-62.1%
Total assets
2.65m NOK 3.13m NOK
+18.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.17m NOK to 6.39m NOK (+3.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +638.9k NOK → +985.3k NOK (op. margin 10.4% → 15.4%). Calculated

  • ↑

    Net result improved

    Net result +480.2k NOK → +748.9k NOK (net margin 7.8% → 11.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 589.1k NOK → 638.1k NOK (equity ratio 22.2% → 20.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.52m NOK → 3.40m NOK (57% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 801.4k NOK → 303.7k NOK (-62.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.07m NOK → 941.5k NOK (-11.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 6. Reported fact