Org.nr 986 942 033 2021 → 2022 Year-over-year analysis

APPEAR ASA: årsregnskap 2022 vs 2021

Shrank 97% on revenue, weaker earnings

approved 2023-06-30; registry 2023-07-22; journal 2023 592871

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for APPEAR ASA. Revenue 12.25bn NOK → 322.01m NOK (-97.4%). Net result -5.89m NOK → -18.09m NOK. Equity 181.51m NOK → 16.16bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for APPEAR ASA.

Scorecard

Revenue
12.25bn NOK 322.01m NOK
-97.4%
Operating result
-8.69m NOK -26.09m NOK
-200.2%
Net result
-5.89m NOK -18.09m NOK
-207.4%
Equity
181.51m NOK 16.16bn NOK
+8805.4%
Cash
12.60m NOK 15.84m NOK
+25.7%
Total assets
248.12m NOK 249.82m NOK
+0.7%

What improved

  • ↑

    Equity strengthened

    Book equity 181.51m NOK → 16.16bn NOK (equity ratio 73.2% → 6470.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.60m NOK → 15.84m NOK (+25.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.25bn NOK to 322.01m NOK (-97.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -8.69m NOK → -26.09m NOK (op. margin -0.1% → -8.1%). Calculated

  • ↓

    Net result weakened

    Net result -5.89m NOK → -18.09m NOK (net margin -0.0% → -5.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 44.4k NOK. Reported fact