AB-MOTOR AS: årsregnskap 2022 vs 2021
Grew 6556% on revenue, stronger earnings
approved 2023-03-07; registry 2023-03-11; journal 2023 321089
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AB-MOTOR AS. Revenue 538 NOK → 35.8k NOK (+6555.6%). Net result 0 NOK → +1.09m NOK. Equity 0 NOK → -556.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AB-MOTOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 538 NOK to 35.8k NOK (+6555.6% YoY). Calculated
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↑
Operating result improved
Operating result +653 NOK → +1 635 NOK (op. margin 121.4% → 4.6%). Calculated
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↑
Net result improved
Net result 0 NOK → +1.09m NOK (net margin 0.0% → 3045.7%). Calculated
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↑
Cash rose
Bank deposits 98 NOK → 1 220 NOK (+1144.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.34× → 890.90×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 0 NOK → -556.2k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 518 NOK → 26.6k NOK (+5033.6% YoY). Calculated