Org.nr 989 270 273 2021 → 2022 Year-over-year analysis

HESTNES-LANDE HOLDING AS: årsregnskap 2022 vs 2021

Stronger earnings

registry 2023-04-08; journal 2023 347375

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for HESTNES-LANDE HOLDING AS. Net result -163.0k NOK → -23.4k NOK. Equity 756.4k NOK → 770.0k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
n/m 10.9k NOK
—
Operating result
-653.5k NOK -7 842 NOK
+98.8%
Net result
-163.0k NOK -23.4k NOK
+85.7%
Equity
756.4k NOK 770.0k NOK
+1.8%
Cash
19.1k NOK 16.3k NOK
-14.4%
Total assets
874.5k NOK 782.1k NOK
-10.6%

What improved

  • ↑

    Operating result improved

    Operating result -653.5k NOK → -7 842 NOK. Calculated

  • ↑

    Net result improved

    Net result -163.0k NOK → -23.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 756.4k NOK → 770.0k NOK (equity ratio 86.5% → 98.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.32× → 2.68×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 19.1k NOK → 16.3k NOK (-14.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 479.8k NOK → 361.8k NOK. Reported fact