AB SNEKKERN AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-26; journal 2023 652261
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AB SNEKKERN AS. Revenue 2.42m NOK → 2.46m NOK (+1.7%). Net result +87.2k NOK → +14.2k NOK. Equity 11.33m NOK → 213.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AB SNEKKERN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.42m NOK to 2.46m NOK (+1.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +109.2k NOK → +35.7k NOK (op. margin 4.5% → 1.4%). Calculated
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↓
Net result weakened
Net result +87.2k NOK → +14.2k NOK (net margin 3.6% → 0.6%). Calculated
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↓
Equity eroded
Book equity 11.33m NOK → 213.1k NOK (equity ratio 981.9% → 34.5%). Calculated
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↓
Cash fell
Bank deposits 492.6k NOK → 93.0k NOK (-81.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 846.5k NOK → 937.1k NOK (35% → 38% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 156 NOK → 1.11m NOK (+95894.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 43.5k NOK → 108.9k NOK. Reported fact