A-B BYGG OG MALERTJENESTE AS: årsregnskap 2022 vs 2021
Grew 63% on revenue, weaker earnings, cash halved-plus
approved 2023-05-30; registry 2023-06-08; journal 2023 445995
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A-B BYGG OG MALERTJENESTE AS. Revenue 7.66m NOK → 12.46m NOK (+62.7%). Net result +342.6k NOK → +165.0k NOK. Equity 325.1k NOK → 490.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A-B BYGG OG MALERTJENESTE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.66m NOK to 12.46m NOK (+62.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 325.1k NOK → 490.2k NOK (equity ratio 14.4% → 12.9%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +393.1k NOK → +232.6k NOK (op. margin 5.1% → 1.9%). Calculated
-
↓
Net result weakened
Net result +342.6k NOK → +165.0k NOK (net margin 4.5% → 1.3%). Calculated
-
↓
Cash fell
Bank deposits 787.6k NOK → 347.5k NOK (-55.9% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.71m NOK → 5.19m NOK (35% → 42% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 3.77m NOK → 5.68m NOK (+50.8% YoY). Calculated