Org.nr 998 584 531 2021 → 2022 Year-over-year analysis

AET SEA SHUTTLE AS: årsregnskap 2022 vs 2021

Shrank 25% on revenue, stronger earnings

approved 2023-06-26; registry 2023-08-22; journal 2023 708056

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AET SEA SHUTTLE AS. Revenue 47.29m NOK → 35.28m NOK (-25.4%). Net result +13.8k NOK → +2.13m NOK. Equity 131.7k NOK → 133.8k NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AET SEA SHUTTLE AS.

Scorecard

Revenue
47.29m NOK 35.28m NOK
-25.4%
Operating result
+16.58m NOK +3.19m NOK
-80.8%
Net result
+13.8k NOK +2.13m NOK
+15361.7%
Equity
131.7k NOK 133.8k NOK
+1.6%
Cash
17.74m NOK 12.77m NOK
-28.0%
Total assets
216.51m NOK 196.75m NOK
-9.1%

What improved

  • ↑

    Net result improved

    Net result +13.8k NOK → +2.13m NOK (net margin 0.0% → 6.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 131.7k NOK → 133.8k NOK (equity ratio 0.1% → 0.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 47.29m NOK to 35.28m NOK (-25.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.58m NOK → +3.19m NOK (op. margin 35.1% → 9.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.74m NOK → 12.77m NOK (-28.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 855.0k NOK. Reported fact