FirmaIQ
Org.nr 988 578 932 2021 → 2022 Year-over-year analysis

SMARTDOK AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, larger group upstream

approved 24.05.2023; registry 07.06.2023; journal 2023 434731

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for SMARTDOK AS. Revenue 100.73m NOK → 115.67m NOK (+14.8%). Net result +29.06m NOK → +26.88m NOK. Equity 60.91m NOK → 57.93m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved; group contribution upstreamed. All figures are taken from the published annual accounts for SMARTDOK AS.

At a glance

Scorecard

Revenue
100.73m NOK 115.67m NOK
+14.8%
Operating result
+39.23m NOK +36.52m NOK
-6.9%
Net result
+29.06m NOK +26.88m NOK
-7.5%
Equity
60.91m NOK 57.93m NOK
-4.9%
Cash
112.75m NOK 143.34m NOK
+27.1%
Total assets
123.74m NOK 159.33m NOK
+28.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 100.73m NOK to 115.67m NOK (+14.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 112.75m NOK → 143.34m NOK (+27.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +39.23m NOK → +36.52m NOK (op. margin 38.9% → 31.6%). Calculated

  • ↓

    Net result weakened

    Net result +29.06m NOK → +26.88m NOK (net margin 28.8% → 23.2%). Calculated

  • ↓

    Equity eroded

    Book equity 60.91m NOK → 57.93m NOK (equity ratio 49.2% → 36.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 40.30m NOK → 46.77m NOK (40% → 40% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.26m NOK → 6.41m NOK (+50.4% YoY). Calculated

  • ·

    Group contribution upstreamed

    Group contribution (avgitt konsernbidrag) 0 NOK → 29.87m NOK. Large vs net profit (26.88m NOK) — earnings are largely upstreamed. Reported fact