KEEP EXPANDING AS: årsregnskap 2022 vs 2021
Shrank 76% on revenue, slipped into loss
approved 2023-06-30; registry 2023-07-29; journal 2023 666785
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for KEEP EXPANDING AS. Revenue 429.9k NOK → 101.8k NOK (-76.3%). Net result +1.75m NOK → -1.21m NOK. Equity 4.17m NOK → 2.97m NOK.
On the constructive side: cash rose; payroll decreased. 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 KEEP EXPANDING AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 14.9k NOK → 298.3k NOK (+1896.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 61.7k NOK → 7 570 NOK (14% → 7% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 429.9k NOK to 101.8k NOK (-76.3% YoY). Calculated
-
↓
Operating result weakened
Operating result -285.4k NOK → -393.5k NOK (op. margin -66.4% → -386.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 1.75m NOK profit to a loss of 1.21m NOK. Calculated
-
↓
Equity eroded
Book equity 4.17m NOK → 2.97m NOK (equity ratio 79.4% → 80.4%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 3 673 NOK → 2 038 NOK. Reported fact