A4 SERVICE AS: årsregnskap 2022 vs 2021
Shrank 13% on revenue, returned to profit
registry 2023-07-03; journal 2023 561341
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A4 SERVICE AS. Revenue 3.53m NOK → 3.09m NOK (-12.5%). Net result -500.3k NOK → +211.6k NOK. Equity 10.7k NOK → 252.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A4 SERVICE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -466.0k NOK → +225.0k NOK (op. margin -13.2% → 7.3%). Calculated
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Turned profitable
Net result flipped from a loss of 500.3k NOK to a profit of 211.6k NOK. Calculated
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↑
Equity strengthened
Book equity 10.7k NOK → 252.3k NOK (equity ratio 1.5% → 19.6%). Calculated
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Cash rose
Bank deposits 96.2k NOK → 127.6k NOK (+32.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.93m NOK → 658.7k NOK (83% → 21% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.53m NOK to 3.09m NOK (-12.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.05m NOK → 1.19m NOK (-41.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value -30.0k NOK → 0 NOK. Reported fact