AERO-TEC AS: årsregnskap 2022 vs 2021
Shrank 13% on revenue, weaker earnings
approved 2023-06-28; registry 2023-07-03; journal 2023 546667
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AERO-TEC AS. Revenue 4.40m NOK → 3.81m NOK (-13.4%). Net result +630.8k NOK → +193.2k NOK. Equity 1.97m NOK → 2.06m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AERO-TEC AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.97m NOK → 2.06m NOK (equity ratio 69.1% → 80.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.40m NOK to 3.81m NOK (-13.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +823.2k NOK → +265.8k NOK (op. margin 18.7% → 7.0%). Calculated
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↓
Net result weakened
Net result +630.8k NOK → +193.2k NOK (net margin 14.3% → 5.1%). Calculated
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↓
Cash fell
Bank deposits 698.2k NOK → 439.6k NOK (-37.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 708.4k NOK → 903.4k NOK (16% → 24% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.39m NOK → 1.28m NOK (-7.8% YoY). Calculated