Org.nr 918 271 872 2021 → 2022 Year-over-year analysis

GRACE HOLDING AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, slipped into loss, fresh owner capital

approved 2023-07-31; registry 2023-08-02; journal 2023 687791

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for GRACE HOLDING AS. Revenue 456.4k NOK → 456 NOK (-99.9%). Net result +351.7k NOK → -8 067 NOK. Equity 376.1k NOK → 368.0k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
456.4k NOK 456 NOK
-99.9%
Operating result
+450.2k NOK -7 829 NOK
-101.7%
Net result
+351.7k NOK -8 067 NOK
-102.3%
Equity
376.1k NOK 368.0k NOK
-2.1%
Cash
454.6k NOK 239.3k NOK
-47.4%
Total assets
484.6k NOK 369.3k NOK
-23.8%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 456.4k NOK to 456 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +450.2k NOK → -7 829 NOK (op. margin 98.7% → -1716.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 351.7k NOK profit to a loss of 8 067 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 376.1k NOK → 368.0k NOK (equity ratio 77.6% → 99.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 454.6k NOK → 239.3k NOK (-47.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 100.0k NOK. Reported fact