AE RIDING AS: årsregnskap 2022 vs 2021
Shrank 58% on revenue, weaker earnings
approved 2023-06-13; registry 2023-07-03; journal 2023 566814
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AE RIDING AS. Revenue 769.7k NOK → 321.6k NOK (-58.2%). Net result +71.1k NOK → +23.2k NOK. Equity 89.3k NOK → 112.5k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 89.3k NOK → 112.5k NOK (equity ratio 15.8% → 18.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 769.7k NOK to 321.6k NOK (-58.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +87.9k NOK → +30.3k NOK (op. margin 11.4% → 9.4%). Calculated
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↓
Net result weakened
Net result +71.1k NOK → +23.2k NOK (net margin 9.2% → 7.2%). Calculated
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↓
Cash fell
Bank deposits 263.8k NOK → 222.5k NOK (-15.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 567 NOK → 706.4k NOK (0% → 220% of revenue). Calculated