Org.nr 927 771 004 2021 → 2022 Year-over-year analysis

AET NORWAY AS: årsregnskap 2022 vs 2021

Returned to profit

approved 2023-06-26; registry 2023-08-24; journal 2023 715091

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AET NORWAY AS. Revenue 0 NOK → 4.33m NOK. Net result -87.2k NOK → +365.0k NOK. Equity 769.9k NOK → 135.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AET NORWAY AS.

Scorecard

Revenue
0 NOK 4.33m NOK
—
Operating result
-87.2k NOK +455.0k NOK
+621.8%
Net result
-87.2k NOK +365.0k NOK
+518.6%
Equity
769.9k NOK 135.0k NOK
-82.5%
Cash
857.1k NOK 455.0k NOK
-46.9%
Total assets
857.1k NOK 3.55m NOK
+313.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 4.33m NOK. Calculated

  • ↑

    Operating result improved

    Operating result -87.2k NOK → +455.0k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 87.2k NOK to a profit of 365.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 769.9k NOK → 135.0k NOK (equity ratio 89.8% → 3.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 857.1k NOK → 455.0k NOK (-46.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation