AKERSHAVE APARTMENTS AS: årsregnskap 2022 vs 2021
Shrank 25% on revenue, returned to profit
approved 2023-06-26; registry 2023-07-03; journal 2023 562535
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AKERSHAVE APARTMENTS AS. Revenue 3.80m NOK → 2.83m NOK (-25.5%). Net result -264.6k NOK → +49.4k NOK. Equity -600.7k NOK → -551.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHAVE APARTMENTS AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -263.6k NOK → +60.2k NOK (op. margin -6.9% → 2.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 264.6k NOK to a profit of 49.4k NOK. Calculated
-
↑
Equity strengthened
Book equity -600.7k NOK → -551.3k NOK (equity ratio -7.1% → -11.0%). Calculated
-
↑
Cash rose
Bank deposits 509.4k NOK → 693.6k NOK (+36.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.80m NOK to 2.83m NOK (-25.5% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.42m NOK → 1.86m NOK (37% → 66% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -11.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation