AHMAD NORWAY AS: årsregnskap 2022 vs 2021
Grew 147988% on revenue, stronger earnings, cash halved-plus
approved 2023-06-28; registry 2023-07-03; journal 2023 554054
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AHMAD NORWAY AS. Revenue 1 474 NOK → 2.18m NOK (+147987.9%). Net result -59.1k NOK → -5 292 NOK. Equity -29.1k NOK → -34.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AHMAD NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 474 NOK to 2.18m NOK (+147987.9% YoY). Calculated
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↑
Operating result improved
Operating result -57.8k NOK → -5 292 NOK (op. margin -3920.1% → -0.2%). Calculated
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↑
Net result improved
Net result -59.1k NOK → -5 292 NOK (net margin -4011.9% → -0.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -29.1k NOK → -34.4k NOK (equity ratio -8.3% → -11.0%). Calculated
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↓
Cash fell
Bank deposits 124.4k NOK → 23.4k NOK (-81.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 NOK → 1.41m NOK (0% → 65% of revenue). Calculated