ATLANTIC SAPPHIRE ASA: årsregnskap 2022 vs 2021
Grew 7% on revenue, weaker earnings, cash halved-plus
approved 2023-04-20; registry 2023-08-24; journal 2023 712432
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ATLANTIC SAPPHIRE ASA. Revenue 10.85m NOK → 11.62m NOK (+7.1%). Net result -328.74m NOK → -2.05bn NOK. Equity 3.68bn NOK → 2.86bn NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ATLANTIC SAPPHIRE ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.85m NOK to 11.62m NOK (+7.1% YoY). Calculated
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Operating result improved
Operating result -13.87m NOK → -5.47m NOK (op. margin -127.9% → -47.1%). Calculated
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Owners injected capital
Paid-in equity rose 3.98bn NOK → 5.21bn NOK (+1.24bn NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -328.74m NOK → -2.05bn NOK (net margin -3029.9% → -17679.8%). Calculated
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↓
Equity eroded
Book equity 3.68bn NOK → 2.86bn NOK (equity ratio 99.9% → 99.9%). Calculated
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↓
Cash fell
Bank deposits 104.31m NOK → 50.11m NOK (-52.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 3.56bn NOK → 2.75bn NOK. Reported fact