SATS ASA: årsregnskap 2022 vs 2021
Grew 26% on revenue, stronger earnings, fresh owner capital
approved 2023-04-28; registry 2023-06-08; journal 2023 433270
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for SATS ASA. Revenue 3.25bn NOK → 4.08bn NOK (+25.7%). Net result -44.00m NOK → -8.00m NOK. Equity 2.06bn NOK → 2.65bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for SATS ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.25bn NOK to 4.08bn NOK (+25.7% YoY). Calculated
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Net result improved
Net result -44.00m NOK → -8.00m NOK (net margin -1.4% → -0.2%). Calculated
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Equity strengthened
Book equity 2.06bn NOK → 2.65bn NOK (equity ratio 49.4% → 50.0%). Calculated
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Cash rose
Bank deposits 459.0k NOK → 888.0k NOK (+93.5% YoY). Calculated
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Owners injected capital
Paid-in equity rose 2.89bn NOK → 3.48bn NOK (+589.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -14.00m NOK → -18.00m NOK (op. margin -0.4% → -0.4%). Calculated
Things to notice
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Payroll increased
Salary cost 1.40bn NOK → 1.59bn NOK (43% → 39% of revenue). Calculated
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COGS fell
COGS / varekostnad 106.00m NOK → 147.0k NOK (-99.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 3.69bn NOK → 4.37bn NOK. Reported fact