Org.nr 942 593 821 2021 → 2022 Year-over-year analysis

KONGSBERG AUTOMOTIVE ASA: årsregnskap 2022 vs 2021

Shrank 9% on revenue, stronger earnings, fresh owner capital

approved 2023-03-13; registry 2023-07-12; journal 2023 577110

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for KONGSBERG AUTOMOTIVE ASA. Revenue 7.50m NOK → 6.80m NOK (-9.3%). Net result +16.30m NOK → +34.10m NOK. Equity 466.4k NOK → 454.30m NOK.

On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for KONGSBERG AUTOMOTIVE ASA.

Scorecard

Revenue
7.50m NOK 6.80m NOK
-9.3%
Operating result
+3.10m NOK +2.80m NOK
-9.7%
Net result
+16.30m NOK +34.10m NOK
+109.2%
Equity
466.4k NOK 454.30m NOK
+97305.7%
Cash
n/m 200.0k NOK
—
Total assets
772.10m NOK 707.40m NOK
-8.4%

What improved

  • ↑

    Net result improved

    Net result +16.30m NOK → +34.10m NOK (net margin 217.3% → 501.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 466.4k NOK → 454.30m NOK (equity ratio 0.1% → 64.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 323.4k NOK → 284.60m NOK (+284.28m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.50m NOK to 6.80m NOK (-9.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.10m NOK → +2.80m NOK (op. margin 41.3% → 41.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 500 NOK → 300.0k NOK (0% → 4% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 404.2k NOK → 433.6k NOK (+7.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 732.6k NOK → 657.80m NOK. Reported fact