BOUVET ASA: årsregnskap 2022 vs 2021
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2023-04-25; registry 2023-06-20; journal 2023 487394
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for BOUVET ASA. Revenue 389.0k NOK → 436 NOK (-99.9%). Net result +238.05m NOK → +376.8k NOK. Equity 128.67m NOK → 175.4k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BOUVET ASA.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.86× → 1.01×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 389.0k NOK to 436 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result -4.12m NOK → -4.76m NOK (op. margin -1058.6% → -1092660.6%). Calculated
-
↓
Net result weakened
Net result +238.05m NOK → +376.8k NOK (net margin 61194.9% → 86426.8%). Calculated
-
↓
Equity eroded
Book equity 128.67m NOK → 175.4k NOK (equity ratio 26.5% → 29.5%). Calculated
-
↓
Cash fell
Bank deposits 65.46m NOK → 17.90m NOK (-72.7% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (65.46m NOK → 17.90m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 61.42m NOK → 10.55m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 212.8k NOK → 211.95m NOK. Reported fact