Org.nr 914 590 876 2021 → 2022 Year-over-year analysis

ABAC BYGG AS: årsregnskap 2022 vs 2021

Grew 11% on revenue, cash halved-plus

approved 2023-07-24; registry 2023-07-26; journal 2023 651922

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABAC BYGG AS. Revenue 2.13m NOK → 2.36m NOK (+10.8%). Net result -210.9k NOK → -236.2k NOK. Equity 239.5k NOK → 3 345 NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABAC BYGG AS.

Scorecard

Revenue
2.13m NOK 2.36m NOK
+10.8%
Operating result
-190.9k NOK -236.2k NOK
-23.8%
Net result
-210.9k NOK -236.2k NOK
-12.0%
Equity
239.5k NOK 3 345 NOK
-98.6%
Cash
438.6k NOK 161.2k NOK
-63.3%
Total assets
672.6k NOK 684.5k NOK
+1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.13m NOK to 2.36m NOK (+10.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -190.9k NOK → -236.2k NOK (op. margin -9.0% → -10.0%). Calculated

  • ↓

    Net result weakened

    Net result -210.9k NOK → -236.2k NOK (net margin -9.9% → -10.0%). Calculated

  • ↓

    Equity eroded

    Book equity 239.5k NOK → 3 345 NOK (equity ratio 35.6% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 438.6k NOK → 161.2k NOK (-63.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.17× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 13.6k NOK → 72.9k NOK (+437.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 4. Reported fact