Org.nr 912 450 716 2021 → 2022 Year-over-year analysis

AKASIA HOLDING AS: årsregnskap 2022 vs 2021

Shrank 37% on revenue, stronger earnings

approved 2023-06-14; registry 2023-07-18; journal 2023 580582

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AKASIA HOLDING AS. Revenue 24.03m NOK → 15.17m NOK (-36.9%). Net result -37.97m NOK → -2.33m NOK. Equity 30.02m NOK → 27.69m NOK.

On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKASIA HOLDING AS.

Scorecard

Revenue
24.03m NOK 15.17m NOK
-36.9%
Operating result
-1.92m NOK -4.19m NOK
-118.2%
Net result
-37.97m NOK -2.33m NOK
+93.9%
Equity
30.02m NOK 27.69m NOK
-7.8%
Cash
451.1k NOK 6.94m NOK
+1439.3%
Total assets
36.42m NOK 31.70m NOK
-13.0%

What improved

  • ↑

    Net result improved

    Net result -37.97m NOK → -2.33m NOK (net margin -158.0% → -15.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 451.1k NOK → 6.94m NOK (+1439.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 14.22bn NOK → 4 NOK (59189% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.03m NOK to 15.17m NOK (-36.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.92m NOK → -4.19m NOK (op. margin -8.0% → -27.6%). Calculated

  • ↓

    Equity eroded

    Book equity 30.02m NOK → 27.69m NOK (equity ratio 82.4% → 87.4%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 11.19m NOK → 14.67m NOK (+31.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.02m NOK → 27.69m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 15.44m NOK → 4 478 NOK. Reported fact