MPC CONTAINER SHIPS ASA: årsregnskap 2022 vs 2021
Stronger earnings, cash halved-plus
approved 2023-04-19; registry 2023-06-14; journal 2023 446172
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for MPC CONTAINER SHIPS ASA. Revenue 14.78m NOK → 14.78m NOK (-0.0%). Net result +12.67m NOK → +7.11bn NOK. Equity 447.81m NOK → 250.28m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for MPC CONTAINER SHIPS ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -9.43m NOK → -5.62m NOK (op. margin -63.8% → -38.1%). Calculated
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Net result improved
Net result +12.67m NOK → +7.11bn NOK (net margin 85.7% → 48131.7%). Calculated
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Payroll decreased
Salary cost 7.18m NOK → 3.08m NOK (49% → 21% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.78m NOK to 14.78m NOK (-0.0% YoY). Calculated
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↓
Equity eroded
Book equity 447.81m NOK → 250.28m NOK (equity ratio 64017.0% → 78.6%). Calculated
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Cash fell
Bank deposits 101.83m NOK → 32.55m NOK (-68.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (101.83m NOK → 32.55m 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 443.80m NOK → 134.82m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 516.9k NOK → 275.46m NOK. Reported fact