A&B HOLDING GROUP AS: årsregnskap 2022 vs 2021
Shrank 44% on revenue, slipped into loss, cash halved-plus
approved 2023-11-10; registry 2023-11-15; journal 2023 737245
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A&B HOLDING GROUP AS. Revenue 16.79m NOK → 9.48m NOK (-43.6%). Net result +2.17m NOK → -1.00m NOK. Equity 20.66m NOK → 18.39m NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for A&B HOLDING GROUP AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 2.82m NOK → 2.85m NOK (+30.0k NOK). Reported fact
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Payroll decreased
Salary cost 4.40m NOK → 51.1k NOK (26% → 1% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 16.79m NOK to 9.48m NOK (-43.6% YoY). Calculated
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Operating result weakened
Operating result +2.95m NOK → -58.7k NOK (op. margin 17.6% → -0.6%). Calculated
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Fell into a net loss
Net result flipped from 2.17m NOK profit to a loss of 1.00m NOK. Calculated
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Equity eroded
Book equity 20.66m NOK → 18.39m NOK (equity ratio 68.9% → 72.1%). Calculated
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Cash fell
Bank deposits 3.04m NOK → 301.1k NOK (-90.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (3.04m NOK → 301.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 7.18m NOK → 835.2k NOK (-88.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 30.0k NOK → 0 NOK. Reported fact