FirmaIQ
Org.nr 996 324 524 2021 → 2022 Year-over-year analysis

ACTIVATE AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, weaker earnings

approved 2023-05-14; registry 2023-05-27; journal 2023 411374

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ACTIVATE AS. Revenue 6.24m NOK → 7.18m NOK (+15.1%). Net result +24.8k NOK → +40 NOK. Equity 421.9k NOK → 421.9k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVATE AS.

At a glance

Scorecard

Revenue
6.24m NOK 7.18m NOK
+15.1%
Operating result
+46.2k NOK +25.1k NOK
-45.7%
Net result
+24.8k NOK +40 NOK
-99.8%
Equity
421.9k NOK 421.9k NOK
+0.0%
Cash
675.3k NOK 969.4k NOK
+43.5%
Total assets
3.29m NOK 3.44m NOK
+4.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.24m NOK to 7.18m NOK (+15.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 675.3k NOK → 969.4k NOK (+43.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +46.2k NOK → +25.1k NOK (op. margin 0.7% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +24.8k NOK → +40 NOK (net margin 0.4% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.30m NOK → 1.81m NOK (21% → 25% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.80m NOK → 4.13m NOK (+8.8% YoY). Calculated