FirmaIQ
Org.nr 929 897 404 2021 → 2022 Year-over-year analysis

SOLVANG ASA: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-05-30; registry 2023-08-17; journal 2023 693782

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for SOLVANG ASA. Revenue 92.45m NOK → 89.70m NOK (-3.0%). Net result +327.56m NOK → +620.3k NOK. Equity 2.70bn NOK → 2.71bn NOK.

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

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

At a glance

Scorecard

Revenue
92.45m NOK 89.70m NOK
-3.0%
Operating result
+5.54m NOK -28.73m NOK
-618.9%
Net result
+327.56m NOK +620.3k NOK
-99.8%
Equity
2.70bn NOK 2.71bn NOK
+0.5%
Cash
438.1k NOK 273.43m NOK
+62308.0%
Total assets
6.60bn NOK 5.91bn NOK
-10.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.70bn NOK → 2.71bn NOK (equity ratio 40.9% → 45.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 438.1k NOK → 273.43m NOK (+62308.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 92.45m NOK to 89.70m NOK (-3.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.54m NOK → -28.73m NOK (op. margin 6.0% → -32.0%). Calculated

  • ↓

    Net result weakened

    Net result +327.56m NOK → +620.3k NOK (net margin 354.3% → 0.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 296 NOK → 5.58bn NOK. Reported fact