ARENDALS FOSSEKOMPANI ASA: årsregnskap 2022 vs 2021
Shrank 100% on revenue, stronger earnings, fresh owner capital
approved 2023-05-04; registry 2023-07-29; journal 2023 618392
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ARENDALS FOSSEKOMPANI ASA. Revenue 382.37m NOK → 628.1k NOK (-99.8%). Net result +1.42m NOK → +604.30m NOK. Equity 2.87bn NOK → 3.03bn NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ARENDALS FOSSEKOMPANI ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +1.42m NOK → +604.30m NOK (net margin 0.4% → 96213.6%). Calculated
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Equity strengthened
Book equity 2.87bn NOK → 3.03bn NOK (equity ratio 79.1% → 71.4%). Calculated
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Cash rose
Bank deposits 1.41m NOK → 1.16bn NOK (+82121.8% YoY). Calculated
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Owners injected capital
Paid-in equity rose 171.0k NOK → 135.77m NOK (+135.60m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 382.37m NOK to 628.1k NOK (-99.8% YoY). Calculated
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Operating result weakened
Operating result +235.50m NOK → +449.5k NOK (op. margin 61.6% → 71.6%). Calculated
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Payroll up without matching revenue
Salary cost 65.70m NOK → 78.37m NOK (17% → 12478% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.50m NOK → 4.20m NOK (+68.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1.82bn NOK → 2.27bn NOK. Reported fact