Org.nr 922 623 872 2021 → 2022 Year-over-year analysis

ERICHSEN HOLDING AS: årsregnskap 2022 vs 2021

Returned to profit

approved 2023-06-15; registry 2023-06-19; journal 2023 497672

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ERICHSEN HOLDING AS. Net result -7 080 NOK → +3.38m NOK. Equity 5 388 NOK → 3.39m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ERICHSEN HOLDING AS.

Scorecard

Revenue
n/m 498.7k NOK
—
Operating result
-7 080 NOK +481.2k NOK
+6897.2%
Net result
-7 080 NOK +3.38m NOK
+47849.7%
Equity
5 388 NOK 3.39m NOK
+62744.6%
Cash
2 467 NOK 20.3k NOK
+723.6%
Total assets
373.7k NOK 919.5k NOK
+146.0%

What improved

  • ↑

    Operating result improved

    Operating result -7 080 NOK → +481.2k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 7 080 NOK to a profit of 3.38m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5 388 NOK → 3.39m NOK (equity ratio 1.4% → 368.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 467 NOK → 20.3k NOK (+723.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 001 NOK → 749.8k NOK. Reported fact