FirmaIQ
Org.nr 915 157 564 2021 → 2022 Year-over-year analysis

AF AUTO AS: årsregnskap 2022 vs 2021

Shrank 37% on revenue, stronger earnings

approved 2023-09-29; registry 2023-10-03; journal 2023 732461

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AF AUTO AS. Revenue 6.77m NOK → 4.28m NOK (-36.8%). Net result +457.0k NOK → +889.3k NOK. Equity 886.4k NOK → 995.8k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AF AUTO AS.

At a glance

Scorecard

Revenue
6.77m NOK 4.28m NOK
-36.8%
Operating result
+868.0k NOK +1.14m NOK
+31.5%
Net result
+457.0k NOK +889.3k NOK
+94.6%
Equity
886.4k NOK 995.8k NOK
+12.3%
Cash
874.4k NOK 754.3k NOK
-13.7%
Total assets
3.44m NOK 4.72m NOK
+37.0%

What improved

  • ↑

    Operating result improved

    Operating result +868.0k NOK → +1.14m NOK (op. margin 12.8% → 26.7%). Calculated

  • ↑

    Net result improved

    Net result +457.0k NOK → +889.3k NOK (net margin 6.8% → 20.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 886.4k NOK → 995.8k NOK (equity ratio 25.7% → 21.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.77m NOK to 4.28m NOK (-36.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 874.4k NOK → 754.3k NOK (-13.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.87m NOK → 3.05m NOK (-37.3% YoY). Calculated