AK BILSENTER AS: årsregnskap 2022 vs 2021
Grew 168% on revenue, weaker earnings
registry 2023-07-27; journal 2023 658158
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AK BILSENTER AS. Revenue 261.0k NOK → 699.0k NOK (+167.8%). Net result -8 328 NOK → -194.5k NOK. Equity 21.7k NOK → -172.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AK BILSENTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 261.0k NOK to 699.0k NOK (+167.8% YoY). Calculated
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↑
Cash rose
Bank deposits 5 993 NOK → 88.6k NOK (+1378.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.7k NOK → -191.9k NOK (op. margin -4.1% → -27.5%). Calculated
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↓
Net result weakened
Net result -8 328 NOK → -194.5k NOK (net margin -3.2% → -27.8%). Calculated
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↓
Equity eroded
Book equity 21.7k NOK → -172.9k NOK (equity ratio 8.6% → -18.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 255.5k NOK → 409.4k NOK (+60.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 180.0k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact