EQVA ASA: årsregnskap 2022 vs 2021
Grew 12455% on revenue, stronger earnings, fresh owner capital
approved 2023-06-30; registry 2023-08-17; journal 2023 696935
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for EQVA ASA. Revenue 45.11m NOK → 5.66bn NOK (+12455.1%). Net result +263.30m NOK → +110.32bn NOK. Equity 13.11bn NOK → 257.48m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for EQVA ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 45.11m NOK to 5.66bn NOK (+12455.1% YoY). Calculated
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Net result improved
Net result +263.30m NOK → +110.32bn NOK (net margin 583.7% → 1947.9%). Calculated
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Cash rose
Bank deposits 23.57m NOK → 3.17bn NOK (+13345.4% YoY). Calculated
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Owners injected capital
Paid-in equity rose 23.77m NOK → 198.76bn NOK (+198.73bn NOK). Reported fact
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Payroll decreased
Salary cost 24.32m NOK → 10.57m NOK (54% → 0% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result -3.43m NOK → -25.37bn NOK (op. margin -7.6% → -448.0%). Calculated
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Equity eroded
Book equity 13.11bn NOK → 257.48m NOK (equity ratio 8067.1% → 60.3%). Calculated
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Current ratio dropped below 1×
Current ratio 2.36× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 40.1k NOK → 12.3k NOK (-69.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → 405.34bn NOK. Reported fact