Org.nr 984 587 651 2021 → 2022 Year-over-year analysis

A9 TEKNISKE NORGE AS: årsregnskap 2022 vs 2021

Grew 68% on revenue, returned to profit

approved 2023-07-20; registry 2023-07-26; journal 2023 653230

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A9 TEKNISKE NORGE AS. Revenue 4.74m NOK → 7.94m NOK (+67.6%). Net result -337.9k NOK → +552.0k NOK. Equity 979.4k NOK → 531.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A9 TEKNISKE NORGE AS.

Scorecard

Revenue
4.74m NOK 7.94m NOK
+67.6%
Operating result
-331.0k NOK +573.9k NOK
+273.4%
Net result
-337.9k NOK +552.0k NOK
+263.4%
Equity
979.4k NOK 531.4k NOK
-45.7%
Cash
386.3k NOK 927.7k NOK
+140.2%
Total assets
2.97m NOK 3.60m NOK
+21.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.74m NOK to 7.94m NOK (+67.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -331.0k NOK → +573.9k NOK (op. margin -7.0% → 7.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 337.9k NOK to a profit of 552.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 386.3k NOK → 927.7k NOK (+140.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 979.4k NOK → 531.4k NOK (equity ratio 32.9% → 14.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.47m NOK → 2.86m NOK (+94.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 23.0k NOK → 1 NOK. Reported fact