ARRIBATEC GROUP ASA: årsregnskap 2022 vs 2021
Grew 4588% on revenue, weaker earnings, fresh owner capital
approved 2023-06-22; registry 2023-07-01; journal 2023 524958
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ARRIBATEC GROUP ASA. Revenue 93.0k NOK → 4.36m NOK (+4588.2%). Net result -16.20m NOK → -41.73m NOK. Equity 331.15m NOK → 12.34m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ARRIBATEC GROUP ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 93.0k NOK to 4.36m NOK (+4588.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 746.4k NOK → 409.00m NOK (+408.26m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -36.42m NOK → -42.06m NOK (op. margin -39163.4% → -964.7%). Calculated
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↓
Net result weakened
Net result -16.20m NOK → -41.73m NOK (net margin -17420.4% → -957.0%). Calculated
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↓
Equity eroded
Book equity 331.15m NOK → 12.34m NOK (equity ratio 79.1% → 3.0%). Calculated
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↓
Cash fell
Bank deposits 6.39m NOK → 3.47m NOK (-45.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 339.64m NOK → 343.8k NOK. Reported fact