Org.nr 995 359 774 2021 → 2022 Year-over-year analysis

SAGA PURE ASA: årsregnskap 2022 vs 2021

Shrank 78% on revenue, weaker earnings

approved 2023-04-20; registry 2023-08-08; journal 2023 656050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for SAGA PURE ASA. Revenue 389.29m NOK → 86.80m NOK (-77.7%). Net result +355.46m NOK → +21.60m NOK. Equity 1.03m NOK → 960.40m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for SAGA PURE ASA.

Scorecard

Revenue
389.29m NOK 86.80m NOK
-77.7%
Operating result
+353.37m NOK +48.14m NOK
-86.4%
Net result
+355.46m NOK +21.60m NOK
-93.9%
Equity
1.03m NOK 960.40m NOK
+93456.2%
Cash
778.1k NOK 287.01m NOK
+36787.1%
Total assets
1.04m NOK 971.01m NOK
+93517.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.03m NOK → 960.40m NOK (equity ratio 99.0% → 98.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 778.1k NOK → 287.01m NOK (+36787.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 76.66×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 389.29m NOK to 86.80m NOK (-77.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +353.37m NOK → +48.14m NOK (op. margin 90.8% → 55.5%). Calculated

  • ↓

    Net result weakened

    Net result +355.46m NOK → +21.60m NOK (net margin 91.3% → 24.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.17bn NOK → 1.08bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 219.43m NOK → 185.88m NOK. Reported fact