ABA-TECH AS: årsregnskap 2022 vs 2021
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2023-07-31; registry 2023-08-22; journal 2023 714291
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABA-TECH AS. Revenue 1.85m NOK → 7 748 NOK (-99.6%). Net result -7 553 NOK → -549.2k NOK. Equity -403.8k NOK → -800.4k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABA-TECH AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 100.0k NOK → 252.6k NOK (+152.6k NOK). Reported fact
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Payroll decreased
Salary cost 2.28m NOK → 236.3k NOK (123% → 3050% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.85m NOK to 7 748 NOK (-99.6% YoY). Calculated
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Operating result weakened
Operating result +58.8k NOK → -567.5k NOK (op. margin 3.2% → -7324.6%). Calculated
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Net result weakened
Net result -7 553 NOK → -549.2k NOK (net margin -0.4% → -7088.2%). Calculated
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Equity eroded
Book equity -403.8k NOK → -800.4k NOK (equity ratio -128.6% → -302.8%). Calculated
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Cash fell
Bank deposits 39.4k NOK → 17.0k NOK (-56.8% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -302.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 1.16m NOK → 116.9k NOK (-89.9% YoY). Calculated
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Book investments changed
Investment / intangible book value -489.4k NOK → 15.0k NOK. Reported fact