FirmaIQ
Org.nr 996 819 884 2021 → 2022 Year-over-year analysis

SOILTECH ASA: årsregnskap 2022 vs 2021

Shrank 100% on revenue, stronger earnings, fresh owner capital

approved 2023-03-30; registry 2023-05-06; journal 2023 387753

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for SOILTECH ASA. Revenue 1.14bn NOK → 178.1k NOK (-100.0%). Net result +10.75m NOK → +15.53m NOK. Equity 15.11bn NOK → 143.6k NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for SOILTECH ASA.

At a glance

Scorecard

Revenue
1.14bn NOK 178.1k NOK
-100.0%
Operating result
+15.38m NOK +23.39m NOK
+52.0%
Net result
+10.75m NOK +15.53m NOK
+44.5%
Equity
15.11bn NOK 143.6k NOK
-100.0%
Cash
36.54m NOK 36.10m NOK
-1.2%
Total assets
211.31m NOK 289.3k NOK
-99.9%

What improved

  • ↑

    Operating result improved

    Operating result +15.38m NOK → +23.39m NOK (op. margin 1.4% → 13132.4%). Calculated

  • ↑

    Net result improved

    Net result +10.75m NOK → +15.53m NOK (net margin 0.9% → 8720.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 70.76m NOK → 85.82m NOK (+15.06m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.14bn NOK to 178.1k NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 15.11bn NOK → 143.6k NOK (equity ratio 7152.1% → 49.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.54m NOK → 36.10m NOK (-1.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.08m NOK → 38.42m NOK. Reported fact