SELVAAG BOLIG ASA: årsregnskap 2022 vs 2021
Shrank 38% on revenue, weaker earnings, cash halved-plus
approved 2023-04-26; registry 2023-08-14; journal 2023 675795
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for SELVAAG BOLIG ASA. Revenue 128.08m NOK → 79.62m NOK (-37.8%). Net result +637.30m NOK → +390.98m NOK. Equity 1.91bn NOK → 1.93bn NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for SELVAAG BOLIG ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.91bn NOK → 1.93bn NOK (equity ratio 52.4% → 61.1%). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.91bn NOK → 1.93bn NOK (+21.50m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 128.08m NOK to 79.62m NOK (-37.8% YoY). Calculated
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↓
Operating result weakened
Operating result -80.84m NOK → -115.47m NOK (op. margin -63.1% → -145.0%). Calculated
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↓
Net result weakened
Net result +637.30m NOK → +390.98m NOK (net margin 497.6% → 491.0%). Calculated
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↓
Cash fell
Bank deposits 283.43m NOK → 352.6k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (283.43m NOK → 352.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 12.01m NOK → -2.93m NOK (-124.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.49bn NOK → 2.42bn NOK. Reported fact