A1 PROPERTY AS: årsregnskap 2022 vs 2021
Shrank 45% on revenue, slipped into loss, cash halved-plus
registry 2023-07-13; journal 2023 577198
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A1 PROPERTY AS. Revenue 4.73m NOK → 2.61m NOK (-44.8%). Net result +1.12m NOK → -274.4k NOK. Equity 2.48m NOK → 2.35m NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for A1 PROPERTY AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 128.0k NOK → 274.7k NOK (+146.7k NOK). Reported fact
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Payroll decreased
Salary cost 217.3k NOK → -15.8k NOK (5% → -1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.73m NOK to 2.61m NOK (-44.8% YoY). Calculated
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Operating result weakened
Operating result +2.99m NOK → +1.46m NOK (op. margin 63.2% → 55.9%). Calculated
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Fell into a net loss
Net result flipped from 1.12m NOK profit to a loss of 274.4k NOK. Calculated
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Equity eroded
Book equity 2.48m NOK → 2.35m NOK. Calculated
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↓
Cash fell
Bank deposits 560.7k NOK → 118.8k NOK (-78.8% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 1 679 NOK → 1.78m NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact