FirmaIQ
Org.nr 923 320 482 2021 → 2022 Year-over-year analysis

AET SEA SHUTTLE II AS: årsregnskap 2022 vs 2021

Stronger earnings

registry 2023-08-22; journal 2023 709430

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AET SEA SHUTTLE II AS. Revenue 45.98m NOK → 45.05m NOK (-2.0%). Net result +16.22m NOK → +26.71m NOK. Equity 122.8k NOK → 146.5k NOK.

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

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

At a glance

Scorecard

Revenue
45.98m NOK 45.05m NOK
-2.0%
Operating result
+20.38m NOK +18.26m NOK
-10.4%
Net result
+16.22m NOK +26.71m NOK
+64.7%
Equity
122.8k NOK 146.5k NOK
+19.3%
Cash
14.80m NOK 24.43m NOK
+65.1%
Total assets
294.32m NOK 298.9k NOK
-99.9%

What improved

  • ↑

    Net result improved

    Net result +16.22m NOK → +26.71m NOK (net margin 35.3% → 59.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 122.8k NOK → 146.5k NOK (equity ratio 0.0% → 49.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.80m NOK → 24.43m NOK (+65.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.85× → 1.47×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 45.98m NOK to 45.05m NOK (-2.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +20.38m NOK → +18.26m NOK (op. margin 44.3% → 40.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.47m NOK → 13.70m NOK. Reported fact