A BOARD AS: årsregnskap 2022 vs 2021
Grew 338% on revenue, weaker earnings, cash halved-plus
registry 2023-05-25; journal 2023 405717
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A BOARD AS. Revenue 142.0k NOK → 621.4k NOK (+337.6%). Net result -296.1k NOK → -605.2k NOK. Equity -317.2k NOK → -922.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A BOARD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 142.0k NOK to 621.4k NOK (+337.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -291.1k NOK → -578.3k NOK (op. margin -205.0% → -93.1%). Calculated
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↓
Net result weakened
Net result -296.1k NOK → -605.2k NOK (net margin -208.5% → -97.4%). Calculated
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↓
Equity eroded
Book equity -317.2k NOK → -922.4k NOK (equity ratio -117.6% → -1281.2%). Calculated
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↓
Cash fell
Bank deposits 240.0k NOK → 70.7k NOK (-70.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1281.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation