Org.nr 924 847 301 2021 → 2022 Year-over-year analysis

AKA FREE HANDS AS: årsregnskap 2022 vs 2021

Grew 21% on revenue, returned to profit

approved 2023-05-26; registry 2023-06-01; journal 2023 447403

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AKA FREE HANDS AS. Revenue 75.0k NOK → 90.7k NOK (+20.9%). Net result -131.9k NOK → +8 469 NOK. Equity -55.0k NOK → -46.5k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKA FREE HANDS AS.

Scorecard

Revenue
75.0k NOK 90.7k NOK
+20.9%
Operating result
-131.8k NOK +8 428 NOK
+106.4%
Net result
-131.9k NOK +8 469 NOK
+106.4%
Equity
-55.0k NOK -46.5k NOK
+15.4%
Cash
30.4k NOK 36.8k NOK
+21.1%
Total assets
30.4k NOK 48.8k NOK
+60.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 75.0k NOK to 90.7k NOK (+20.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -131.8k NOK → +8 428 NOK (op. margin -175.8% → 9.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 131.9k NOK to a profit of 8 469 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -55.0k NOK → -46.5k NOK (equity ratio -181.0% → -95.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.4k NOK → 36.8k NOK (+21.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 60.8k NOK → 41.6k NOK (-31.6% YoY). Calculated