Org.nr 917 103 801 2021 → 2022 Year-over-year analysis

Veidekke ASA: årsregnskap 2022 vs 2021

Grew 29% on revenue, weaker earnings, fresh owner capital

approved 2023-05-10; registry 2023-08-26; journal 2023 716599

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for Veidekke ASA. Revenue 93.00m NOK → 120.00m NOK (+29.0%). Net result +924.00m NOK → +1.11m NOK. Equity 1.19bn NOK → 1.28bn NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for Veidekke ASA.

Scorecard

Revenue
93.00m NOK 120.00m NOK
+29.0%
Operating result
-143.00m NOK -163.00m NOK
-14.0%
Net result
+924.00m NOK +1.11m NOK
-99.9%
Equity
1.19bn NOK 1.28bn NOK
+7.3%
Cash
1.52bn NOK 1.29bn NOK
-15.1%
Total assets
5.78bn NOK 5.82bn NOK
+0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 93.00m NOK to 120.00m NOK (+29.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.19bn NOK → 1.28bn NOK (equity ratio 20.6% → 22.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 67.00m NOK → 1.28bn NOK (+1.21bn NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 11.13m NOK → 2.12m NOK (12% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -143.00m NOK → -163.00m NOK (op. margin -153.8% → -135.8%). Calculated

  • ↓

    Net result weakened

    Net result +924.00m NOK → +1.11m NOK (net margin 993.5% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.52bn NOK → 1.29bn NOK (-15.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.58bn NOK → 5.81bn NOK (+4.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.98bn NOK → 9.29m NOK. Reported fact