ALNG ASA: årsregnskap 2022 vs 2021
Returned to profit, cash halved-plus
approved 2023-04-20; registry 2023-07-06; journal 2023 547086
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ALNG ASA. Revenue 8.04m NOK → 7.92m NOK (-1.4%). Net result -14.37m NOK → +2.79m NOK. Equity 775.76m NOK → 712.60m NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ALNG ASA.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 14.37m NOK to a profit of 2.79m NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.04m NOK to 7.92m NOK (-1.4% YoY). Calculated
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↓
Operating result weakened
Operating result -17.82m NOK → -19.35m NOK (op. margin -221.7% → -244.2%). Calculated
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↓
Equity eroded
Book equity 775.76m NOK → 712.60m NOK (equity ratio 83786.4% → 82.6%). Calculated
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↓
Cash fell
Bank deposits 150.29m NOK → 169.4k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (150.29m NOK → 169.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 1.18bn NOK → 1.12bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 769.8k NOK → 684.61m NOK. Reported fact