Org.nr 982 769 221 2021 → 2022 Year-over-year analysis

STRONGPOINT ASA: årsregnskap 2022 vs 2021

Shrank 8% on revenue, slipped into loss

approved 2023-04-27; registry 2023-05-13; journal 2023 378605

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for STRONGPOINT ASA. Revenue 16.37m NOK → 14.98m NOK (-8.5%). Net result +186.29m NOK → -2.06m NOK. Equity 415.4k NOK → 391.52m NOK.

On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
16.37m NOK 14.98m NOK
-8.5%
Operating result
-21.96m NOK -30.08m NOK
-37.0%
Net result
+186.29m NOK -2.06m NOK
-101.1%
Equity
415.4k NOK 391.52m NOK
+94142.5%
Cash
21.3k NOK 21.3k NOK
0.0%
Total assets
464.62m NOK 601.6k NOK
-99.9%

What improved

  • ↑

    Equity strengthened

    Book equity 415.4k NOK → 391.52m NOK (equity ratio 0.1% → 65075.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 27.15m NOK → 27.47m NOK (+320.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 24.27m NOK → 23.76m NOK (148% → 159% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.37m NOK to 14.98m NOK (-8.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -21.96m NOK → -30.08m NOK (op. margin -134.1% → -200.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 186.29m NOK profit to a loss of 2.06m NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.57× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 12.56m NOK → 12.85m NOK (+2.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 385.72m NOK → 525.8k NOK. Reported fact