Org.nr 922 558 221 2021 → 2022 Year-over-year analysis

AFYX NORWAY AS: årsregnskap 2022 vs 2021

Grew 470643% on revenue, returned to profit

approved 2023-04-27; registry 2023-05-02; journal 2023 378472

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AFYX NORWAY AS. Revenue 1 496 NOK → 7.04m NOK (+470643.3%). Net result -483.5k NOK → +902.1k NOK. Equity -2.47m NOK → 435.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AFYX NORWAY AS.

Scorecard

Revenue
1 496 NOK 7.04m NOK
+470643.3%
Operating result
-480.2k NOK +112.1k NOK
+123.3%
Net result
-483.5k NOK +902.1k NOK
+286.6%
Equity
-2.47m NOK 435.0k NOK
+117.6%
Cash
77.5k NOK 2.24m NOK
+2795.5%
Total assets
1.88m NOK 3.57m NOK
+90.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 496 NOK to 7.04m NOK (+470643.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -480.2k NOK → +112.1k NOK (op. margin -32100.9% → 1.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 483.5k NOK to a profit of 902.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -2.47m NOK → 435.0k NOK (equity ratio -131.5% → 12.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 77.5k NOK → 2.24m NOK (+2795.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 028 NOK → 2.69m NOK (69% → 38% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 645.9k NOK → 964.2k NOK (+49.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact