ELEVATE OCEAN AS: årsregnskap 2022 vs 2021
Grew 182% on revenue, weaker earnings, fresh owner capital
approved 2023-05-02; registry 2023-06-12; journal 2023 482447
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ELEVATE OCEAN AS. Revenue 212.2k NOK → 597.7k NOK (+181.7%). Net result -230.1k NOK → -478.3k NOK. Equity 265.9k NOK → 611.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ELEVATE OCEAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 212.2k NOK to 597.7k NOK (+181.7% YoY). Calculated
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↑
Equity strengthened
Book equity 265.9k NOK → 611.1k NOK (equity ratio 77.3% → 81.1%). Calculated
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↑
Cash rose
Bank deposits 94.8k NOK → 709.6k NOK (+648.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 124.4k NOK → 953.5k NOK (+829.1k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -219.9k NOK → -476.9k NOK (op. margin -103.7% → -79.8%). Calculated
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↓
Net result weakened
Net result -230.1k NOK → -478.3k NOK (net margin -108.4% → -80.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 980 NOK → 3.53m NOK (2% → 590% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 31.0k NOK → 7 574 NOK (-75.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 3. Reported fact