SCATEC ASA: årsregnskap 2022 vs 2021
Shrank 100% on revenue, weaker earnings
approved 2023-03-21; registry 2023-07-31; journal 2023 623449
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for SCATEC ASA. Revenue 166.00m NOK → 751.0k NOK (-99.5%). Net result -73.00m NOK → -481.00m NOK. Equity 9.76bn NOK → 10.27bn NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for SCATEC ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 9.76bn NOK → 10.27bn NOK (equity ratio 48.7% → 49.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.95× → 1.40×. Calculated
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↑
Owners injected capital
Paid-in equity rose 10.13bn NOK → 11.38bn NOK (+1.26bn NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 166.00m NOK to 751.0k NOK (-99.5% YoY). Calculated
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↓
Operating result weakened
Operating result -343.00m NOK → -665.00m NOK (op. margin -206.6% → -88548.6%). Calculated
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↓
Net result weakened
Net result -73.00m NOK → -481.00m NOK (net margin -44.0% → -64047.9%). Calculated
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↓
Cash fell
Bank deposits 1.62bn NOK → 811.00m NOK (-49.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.21m NOK → 4.27m NOK (3% → 568% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.10m NOK → 797.0k NOK (-62.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 17.38bn NOK → 17.50bn NOK. Reported fact