EGW HOLDING AS: årsregnskap 2022 vs 2021
Shrank 54% on revenue, weaker earnings, cash halved-plus
approved 2023-07-31; registry 2023-08-02; journal 2023 695629
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for EGW HOLDING AS. Revenue 45.0k NOK → 20.5k NOK (-54.4%). Net result +28.1k NOK → +359 NOK. Equity 19.1k NOK → 19.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for EGW HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 45.0k NOK to 20.5k NOK (-54.4% YoY). Calculated
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Operating result weakened
Operating result +29.7k NOK → +9 687 NOK (op. margin 66.0% → 47.2%). Calculated
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↓
Net result weakened
Net result +28.1k NOK → +359 NOK (net margin 62.5% → 1.7%). Calculated
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Cash fell
Bank deposits 34.1k NOK → 2 022 NOK (-94.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 508.5k NOK → 740.4k NOK. Reported fact