AIR SPONGE NORGE AS: årsregnskap 2022 vs 2021
Shrank 59% on revenue, slipped into loss, cash halved-plus
approved 2023-06-02; registry 2023-06-29; journal 2023 520806
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIR SPONGE NORGE AS. Revenue 8.77m NOK → 3.63m NOK (-58.6%). Net result +492.9k NOK → -337.1k NOK. Equity 466.1k NOK → 129.0k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR SPONGE NORGE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 8.77m NOK to 3.63m NOK (-58.6% YoY). Calculated
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Operating result weakened
Operating result +644.3k NOK → -373.2k NOK (op. margin 7.3% → -10.3%). Calculated
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Fell into a net loss
Net result flipped from 492.9k NOK profit to a loss of 337.1k NOK. Calculated
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Equity eroded
Book equity 466.1k NOK → 129.0k NOK (equity ratio 17.4% → 14.9%). Calculated
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Cash fell
Bank deposits 1.26m NOK → 138.3k NOK (-89.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.26m NOK → 138.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 4.81m NOK → 1.54m NOK (-67.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 31.7k NOK → 15.8k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 1.2 → 1. Reported fact