ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2022 vs 2021
Grew 11% on revenue, weaker earnings
approved 2023-04-28; registry 2023-06-22; journal 2023 497080
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 10.28m NOK → 11.44m NOK (+11.3%). Net result +44.01m NOK → +31.25m NOK. Equity 350.6k NOK → 387.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 10.28m NOK to 11.44m NOK (+11.3% YoY). Calculated
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Equity strengthened
Book equity 350.6k NOK → 387.2k NOK (equity ratio 75.3% → 0.1%). Calculated
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Cash rose
Bank deposits 197.2k NOK → 167.75m NOK (+84950.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 21.30×. Calculated
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Owners injected capital
Paid-in equity rose 359.8k NOK → 365.1k NOK (+5 319 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -15.75m NOK → -17.81m NOK (op. margin -153.3% → -155.7%). Calculated
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↓
Net result weakened
Net result +44.01m NOK → +31.25m NOK (net margin 428.4% → 273.1%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 169.10m NOK → 169.04m NOK. Reported fact