AEKO EIENDOMSUTVIKLING AS: årsregnskap 2022 vs 2021
Shrank 94% on revenue, stronger earnings
approved 2023-06-02; registry 2023-06-14; journal 2023 471793
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AEKO EIENDOMSUTVIKLING AS. Revenue 66.57m NOK → 4.28m NOK (-93.6%). Net result +5.13m NOK → +47.19m NOK. Equity 68.04m NOK → 4.11bn NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AEKO EIENDOMSUTVIKLING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +5.13m NOK → +47.19m NOK (net margin 7.7% → 1102.7%). Calculated
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Equity strengthened
Book equity 68.04m NOK → 4.11bn NOK (equity ratio 67.1% → 2801.4%). Calculated
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Cash rose
Bank deposits 2.10m NOK → 2.67m NOK (+27.0% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.90× → 4.78×. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 66.57m NOK to 4.28m NOK (-93.6% YoY). Calculated
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Operating result weakened
Operating result +5.92m NOK → -6.19m NOK (op. margin 8.9% → -144.6%). Calculated
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Payroll up without matching revenue
Salary cost 3.35m NOK → 4.01m NOK (5% → 94% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 54.59m NOK → 3.69m NOK (-93.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 80.51m NOK → 49.41m NOK. Reported fact