Org.nr 974 497 611 2021 → 2022 Year-over-year analysis

A3 RESSURS HOLDING AS: årsregnskap 2022 vs 2021

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2023-06-16; registry 2023-08-05; journal 2023 647801

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A3 RESSURS HOLDING AS. Revenue 452.4k NOK → 489.3k NOK (+8.1%). Net result +728.4k NOK → +3 593 NOK. Equity 4.53m NOK → 124.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A3 RESSURS HOLDING AS.

Scorecard

Revenue
452.4k NOK 489.3k NOK
+8.1%
Operating result
+90.9k NOK +161.6k NOK
+77.8%
Net result
+728.4k NOK +3 593 NOK
-99.5%
Equity
4.53m NOK 124.8k NOK
-97.2%
Cash
252.9k NOK 114.5k NOK
-54.7%
Total assets
12.44m NOK 7.66m NOK
-38.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 452.4k NOK to 489.3k NOK (+8.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +90.9k NOK → +161.6k NOK (op. margin 20.1% → 33.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +728.4k NOK → +3 593 NOK (net margin 161.0% → 0.7%). Calculated

  • ↓

    Equity eroded

    Book equity 4.53m NOK → 124.8k NOK (equity ratio 36.4% → 1.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 252.9k NOK → 114.5k NOK (-54.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation