KONGSBERG GRUPPEN ASA: årsregnskap 2022 vs 2021
Grew 82616% on revenue, weaker earnings, cash halved-plus
approved 2023-05-11; registry 2023-07-26; journal 2023 612267
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for KONGSBERG GRUPPEN ASA. Revenue 243.0k NOK → 201.00m NOK (+82616.0%). Net result +5.78bn NOK → +257.00m NOK. Equity 9.39bn NOK → 7.08bn NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for KONGSBERG GRUPPEN ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 243.0k NOK to 201.00m NOK (+82616.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -72.00m NOK → -91.00m NOK (op. margin -29629.6% → -45.3%). Calculated
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↓
Net result weakened
Net result +5.78bn NOK → +257.00m NOK (net margin 2379423.9% → 127.9%). Calculated
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↓
Equity eroded
Book equity 9.39bn NOK → 7.08bn NOK (equity ratio 37.5% → 44.5%). Calculated
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↓
Cash fell
Bank deposits 6.75bn NOK → 2.46bn NOK (-63.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.75bn NOK → 2.46bn NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 5.10bn NOK → 5.10bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 5.14m NOK → 5.15m NOK (2117% → 3% of revenue). Calculated
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COGS moved
COGS / varekostnad 9.58bn NOK → 11.21bn NOK (+17.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 121.00m NOK → 11.00m NOK. Reported fact