Org.nr 920 283 616 2021 → 2022 Year-over-year analysis

AC SCHNITZER NORGE AS: årsregnskap 2022 vs 2021

Shrank 23% on revenue, stronger earnings

approved 2023-05-20; registry 2023-05-23; journal 2023 418125

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AC SCHNITZER NORGE AS. Revenue 1.21m NOK → 935.6k NOK (-22.7%). Net result +51.6k NOK → +124.7k NOK. Equity 166.7k NOK → 291.3k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AC SCHNITZER NORGE AS.

Scorecard

Revenue
1.21m NOK 935.6k NOK
-22.7%
Operating result
+72.8k NOK +183.0k NOK
+151.3%
Net result
+51.6k NOK +124.7k NOK
+141.5%
Equity
166.7k NOK 291.3k NOK
+74.8%
Cash
72.9k NOK 258.9k NOK
+255.0%
Total assets
230.0k NOK 431.6k NOK
+87.7%

What improved

  • ↑

    Operating result improved

    Operating result +72.8k NOK → +183.0k NOK (op. margin 6.0% → 19.6%). Calculated

  • ↑

    Net result improved

    Net result +51.6k NOK → +124.7k NOK (net margin 4.3% → 13.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 166.7k NOK → 291.3k NOK (equity ratio 72.5% → 67.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 72.9k NOK → 258.9k NOK (+255.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.21m NOK to 935.6k NOK (-22.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 992.6k NOK → 581.7k NOK (-41.4% YoY). Calculated