Org.nr 976 542 622 2021 → 2022 Year-over-year analysis

AKERSHUS ENERGI VANNKRAFT AS: årsregnskap 2022 vs 2021

Grew 97% on revenue, stronger earnings

approved 2023-05-25; registry 2023-06-29; journal 2023 526240

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AKERSHUS ENERGI VANNKRAFT AS. Revenue 1.74bn NOK → 3.43bn NOK (+97.1%). Net result +161.70m NOK → +240.17m NOK. Equity 2.41bn NOK → 2.59bn NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUS ENERGI VANNKRAFT AS.

Scorecard

Revenue
1.74bn NOK 3.43bn NOK
+97.1%
Operating result
-272.21m NOK -1.11bn NOK
-308.5%
Net result
+161.70m NOK +240.17m NOK
+48.5%
Equity
2.41bn NOK 2.59bn NOK
+7.3%
Cash
64.11m NOK 115.21m NOK
+79.7%
Total assets
4.26bn NOK 4.42bn NOK
+3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.74bn NOK to 3.43bn NOK (+97.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +161.70m NOK → +240.17m NOK (net margin 9.3% → 7.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.41bn NOK → 2.59bn NOK (equity ratio 56.7% → 58.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 64.11m NOK → 115.21m NOK (+79.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -272.21m NOK → -1.11bn NOK (op. margin -15.6% → -32.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.53m NOK → 12.34m NOK (1% → 0% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.99bn NOK → 4.51bn NOK (+126.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.28bn NOK → 2.27bn NOK. Reported fact