FirmaIQ
Org.nr 981 097 084 2021 → 2022 Year-over-year analysis

ACANTHUS UTVIKLING AS: årsregnskap 2022 vs 2021

Grew 167% on revenue, stronger earnings, cash halved-plus

registry 2023-05-20; journal 2023 388911

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ACANTHUS UTVIKLING AS. Revenue 5.44m NOK → 14.53m NOK (+167.2%). Net result +3.46m NOK → +7.66m NOK. Equity 59.85m NOK → 60.32m NOK.

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

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ACANTHUS UTVIKLING AS.

At a glance

Scorecard

Revenue
5.44m NOK 14.53m NOK
+167.2%
Operating result
+80.9k NOK +9.81m NOK
+12021.1%
Net result
+3.46m NOK +7.66m NOK
+121.1%
Equity
59.85m NOK 60.32m NOK
+0.8%
Cash
24.09m NOK 3.60m NOK
-85.1%
Total assets
69.28m NOK 70.51m NOK
+1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.44m NOK to 14.53m NOK (+167.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +80.9k NOK → +9.81m NOK (op. margin 1.5% → 67.5%). Calculated

  • ↑

    Net result improved

    Net result +3.46m NOK → +7.66m NOK (net margin 63.7% → 52.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 59.85m NOK → 60.32m NOK (equity ratio 86.4% → 85.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.93m NOK → 1.66m NOK (35% → 11% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 24.09m NOK → 3.60m NOK (-85.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (24.09m NOK → 3.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 26.8k NOK → 32.0k NOK (+19.4% YoY). Calculated