AKB HOLDING AS: årsregnskap 2022 vs 2021
Shrank 67% on revenue, slipped into loss
approved 2023-04-19; registry 2023-05-24; journal 2023 421948
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AKB HOLDING AS. Revenue 4 000 NOK → 1 335 NOK (-66.6%). Net result +6 307 NOK → -4 163 NOK. Equity -3 048 NOK → -7 211 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKB HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 837 NOK → 674.8k NOK (+80525.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4 000 NOK to 1 335 NOK (-66.6% YoY). Calculated
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↓
Operating result weakened
Operating result +307 NOK → -4 163 NOK (op. margin 7.7% → -311.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 6 307 NOK profit to a loss of 4 163 NOK. Calculated
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↓
Equity eroded
Book equity -3 048 NOK → -7 211 NOK (equity ratio -5.3% → -7.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation