Org.nr 986 529 551 2021 → 2022 Year-over-year analysis

AKASTOR ASA: årsregnskap 2022 vs 2021

Shrank 50% on revenue, stronger earnings

approved 2023-04-22; registry 2023-06-06; journal 2023 425462

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AKASTOR ASA. Revenue 2.00m NOK → 1.00m NOK (-50.0%). Net result -664.00m NOK → -456.00m NOK. Equity 4.39bn NOK → 3.94bn NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKASTOR ASA.

Scorecard

Revenue
2.00m NOK 1.00m NOK
-50.0%
Operating result
-51.00m NOK -39.00m NOK
+23.5%
Net result
-664.00m NOK -456.00m NOK
+31.3%
Equity
4.39bn NOK 3.94bn NOK
-10.3%
Cash
0 NOK 11 NOK
—
Total assets
5.20bn NOK 4.85bn NOK
-6.7%

What improved

  • ↑

    Operating result improved

    Operating result -51.00m NOK → -39.00m NOK (op. margin -2550.0% → -3900.0%). Calculated

  • ↑

    Net result improved

    Net result -664.00m NOK → -456.00m NOK (net margin -33200.0% → -45600.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.16bn NOK → 4.17bn NOK (+2.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.00m NOK to 1.00m NOK (-50.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 4.39bn NOK → 3.94bn NOK (equity ratio 84.6% → 81.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.13× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 367.0k NOK → 9.37m NOK (18% → 937% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 294.00m NOK → 420.0k NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.02bn NOK → 4.70bn NOK. Reported fact