CIRCIO HOLDING ASA: årsregnskap 2022 vs 2021
Shrank 100% on revenue, weaker earnings
approved 2023-05-22; registry 2023-08-07; journal 2023 654019
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for CIRCIO HOLDING ASA. Revenue 16.04m NOK → 16.0k NOK (-99.9%). Net result -51.45m NOK → -790.32m NOK. Equity 790.9k NOK → 1.44m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for CIRCIO HOLDING ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -50.38m NOK → -3.71m NOK (op. margin -314.1% → -23122.0%). Calculated
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Equity strengthened
Book equity 790.9k NOK → 1.44m NOK (equity ratio 97.2% → 42.7%). Calculated
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Cash rose
Bank deposits 170.0k NOK → 2.49m NOK (+1365.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.75×. Calculated
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Owners injected capital
Paid-in equity rose 18.83m NOK → 18.85m NOK (+14.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 16.04m NOK to 16.0k NOK (-99.9% YoY). Calculated
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↓
Net result weakened
Net result -51.45m NOK → -790.32m NOK (net margin -320.7% → -4926887.4%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 15.49m NOK → 9 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 636.1k NOK → 636 NOK. Reported fact