Org.nr 926 311 581 2021 → 2022 Year-over-year analysis

HAV GROUP ASA: årsregnskap 2022 vs 2021

Grew 106085% on revenue, stronger earnings

approved 2023-05-24; registry 2023-06-21; journal 2023 492031

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for HAV GROUP ASA. Revenue 27.1k NOK → 28.82m NOK (+106085.3%). Net result +3.31m NOK → +123.72m NOK. Equity 123.69m NOK → 229.0k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for HAV GROUP ASA.

Scorecard

Revenue
27.1k NOK 28.82m NOK
+106085.3%
Operating result
-5 992 NOK -10.52m NOK
-175517.5%
Net result
+3.31m NOK +123.72m NOK
+3642.1%
Equity
123.69m NOK 229.0k NOK
-99.8%
Cash
52.4k NOK 6.41m NOK
+12114.0%
Total assets
219.35m NOK 377.6k NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.1k NOK to 28.82m NOK (+106085.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +3.31m NOK → +123.72m NOK (net margin 12179.0% → 429.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 52.4k NOK → 6.41m NOK (+12114.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 992 NOK → -10.52m NOK (op. margin -22.1% → -36.5%). Calculated

  • ↓

    Equity eroded

    Book equity 123.69m NOK → 229.0k NOK (equity ratio 56.4% → 60.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 120.39m NOK → 120.6k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 3 945 NOK → 19.04m NOK (15% → 66% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 147.3k NOK → 209.8k NOK. Reported fact