SHEPHERD AS: årsregnskap 2022 vs 2021
Grew 24900% on revenue
approved 2023-05-30; registry 2023-06-03; journal 2023 453202
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for SHEPHERD AS. Revenue 1 200 NOK → 300.0k NOK (+24900.0%). Net result -1.12m NOK → -1.05m NOK. Equity -1.10m NOK → -2.15m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for SHEPHERD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 200 NOK to 300.0k NOK (+24900.0% YoY). Calculated
-
↑
Net result improved
Net result -1.12m NOK → -1.05m NOK (net margin -93303.9% → -350.7%). Calculated
-
↑
Cash rose
Bank deposits 1 637 NOK → 512.9k NOK (+31232.0% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -1 120 NOK → -1.09m NOK (op. margin -93.3% → -364.7%). Calculated
-
↓
Equity eroded
Book equity -1.10m NOK → -2.15m NOK (equity ratio -66.7% → -410.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -410.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 5 591 NOK → 2.20m NOK (466% → 735% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1 141 NOK → 792.2k NOK (+69334.3% YoY). Calculated