Org.nr 926 178 865 2021 → 2022 Year-over-year analysis

A90 HOLDING AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings

approved 2023-03-24; registry 2023-04-03; journal 2023 343950

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A90 HOLDING AS. Revenue 150.2k NOK → 150 NOK (-99.9%). Net result -318.3k NOK → -754.4k NOK. Equity -173.9k NOK → -928.3k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A90 HOLDING AS.

Scorecard

Revenue
150.2k NOK 150 NOK
-99.9%
Operating result
-43.8k NOK -109.2k NOK
-149.4%
Net result
-318.3k NOK -754.4k NOK
-137.0%
Equity
-173.9k NOK -928.3k NOK
-433.9%
Cash
16.2k NOK 623.2k NOK
+3735.7%
Total assets
3.72m NOK 18.49m NOK
+396.9%

What improved

  • ↑

    Cash rose

    Bank deposits 16.2k NOK → 623.2k NOK (+3735.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 150.2k NOK to 150 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -43.8k NOK → -109.2k NOK (op. margin -29.1% → -72786.7%). Calculated

  • ↓

    Net result weakened

    Net result -318.3k NOK → -754.4k NOK (net margin -211.9% → -502940.0%). Calculated

  • ↓

    Equity eroded

    Book equity -173.9k NOK → -928.3k NOK (equity ratio -4.7% → -5.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3 703 NOK → 17.86m NOK. Reported fact