AET HOLDING ARENDAL AS: årsregnskap 2022 vs 2021
Grew 24% on revenue, weaker earnings
approved 2023-07-07; registry 2023-07-24; journal 2023 601078
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AET HOLDING ARENDAL AS. Revenue 1.54m NOK → 1.90m NOK (+23.9%). Net result +4.27m NOK → +3.06m NOK. Equity 11.11m NOK → 13.17m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AET HOLDING ARENDAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.54m NOK to 1.90m NOK (+23.9% YoY). Calculated
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↑
Operating result improved
Operating result +14.8k NOK → +742.3k NOK (op. margin 1.0% → 39.0%). Calculated
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↑
Equity strengthened
Book equity 11.11m NOK → 13.17m NOK (equity ratio 94.3% → 98.2%). Calculated
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↑
Cash rose
Bank deposits 3.79m NOK → 4.41m NOK (+16.5% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +4.27m NOK → +3.06m NOK (net margin 278.2% → 160.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 6 122 NOK → 390.5k NOK (0% → 21% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 59.82m NOK → 320.0k NOK (-99.5% YoY). Calculated