A. WETTING HOLDING AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-05-06; registry 2023-06-03; journal 2023 460306
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. WETTING HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +4.86m NOK → +191.7k NOK. Equity 4.89m NOK → 5.08m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A. WETTING HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.89m NOK → 5.08m NOK (equity ratio 74.2% → 74.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result 0 NOK → -91.7k NOK. Calculated
-
↓
Net result weakened
Net result +4.86m NOK → +191.7k NOK. Calculated
-
↓
Cash fell
Bank deposits 4.49m NOK → 1.51m NOK (-66.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.49m NOK → 1.51m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation