TEKNA HOLDING ASA: årsregnskap 2022 vs 2021
Stronger earnings, cash halved-plus
approved 2023-05-03; registry 2023-06-29; journal 2023 518438
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for TEKNA HOLDING ASA. Revenue 27.30m NOK → 27.66m NOK (+1.3%). Net result -14.09m NOK → -320.1k NOK. Equity 3.33bn NOK → 168.93m NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for TEKNA HOLDING ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 27.30m NOK to 27.66m NOK (+1.3% YoY). Calculated
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Net result improved
Net result -14.09m NOK → -320.1k NOK (net margin -51.6% → -1.2%). Calculated
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Payroll decreased
Salary cost 12.73m NOK → 103.0k NOK (47% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6 587 NOK → -1.64m NOK (op. margin -0.0% → -5.9%). Calculated
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↓
Equity eroded
Book equity 3.33bn NOK → 168.93m NOK (equity ratio 99986.4% → 99.9%). Calculated
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↓
Cash fell
Bank deposits 231.45m NOK → 3.98m NOK (-98.3% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (231.45m NOK → 3.98m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 3.33bn NOK → 494.96m NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS moved
COGS / varekostnad 14.89m NOK → 17.54m NOK (+17.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 3 097 NOK → 165.03m NOK. Reported fact