ACTRONICS AS: årsregnskap 2022 vs 2021
Shrank 13% on revenue, slipped into loss
approved 2023-06-14; registry 2023-06-24; journal 2023 513584
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACTRONICS AS. Revenue 3.33m NOK → 2.88m NOK (-13.5%). Net result +31.6k NOK → -378.6k NOK. Equity -293.6k NOK → -672.2k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACTRONICS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.33m NOK to 2.88m NOK (-13.5% YoY). Calculated
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Operating result weakened
Operating result -29.3k NOK → -337.6k NOK (op. margin -0.9% → -11.7%). Calculated
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Fell into a net loss
Net result flipped from 31.6k NOK profit to a loss of 378.6k NOK. Calculated
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Equity eroded
Book equity -293.6k NOK → -672.2k NOK (equity ratio -108.0% → -235.8%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -235.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 2.03m NOK → 1.71m NOK (-15.7% YoY). Calculated