A. BÅTSERVICE AS: årsregnskap 2022 vs 2021
Grew 13% on revenue, weaker earnings
approved 2023-05-25; registry 2023-06-12; journal 2023 479795
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. BÅTSERVICE AS. Revenue 1.96m NOK → 2.21m NOK (+12.8%). Net result +128.9k NOK → +95.0k NOK. Equity 11.25m NOK → 344.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A. BÅTSERVICE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.96m NOK to 2.21m NOK (+12.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 200.8k NOK → 204.0k NOK (+1.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +185.0k NOK → +132.0k NOK (op. margin 9.4% → 6.0%). Calculated
-
↓
Net result weakened
Net result +128.9k NOK → +95.0k NOK (net margin 6.6% → 4.3%). Calculated
-
↓
Equity eroded
Book equity 11.25m NOK → 344.9k NOK (equity ratio 1557.7% → 55.7%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 NOK → 2.76m NOK (0% → 125% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 279.0k NOK → 240.9k NOK (-13.7% YoY). Calculated