FirmaIQ
Org.nr 950 192 593 2021 → 2022 Year-over-year analysis

ABACUS FINANS AS: årsregnskap 2022 vs 2021

Grew 3532% on revenue, stronger earnings, cash halved-plus

registry 2023-07-10; journal 2023 594591

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABACUS FINANS AS. Revenue 3 675 NOK → 133.5k NOK (+3532.1%). Net result +128.3k NOK → +344.3k NOK. Equity 6.75m NOK → 7.09m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACUS FINANS AS.

At a glance

Scorecard

Revenue
3 675 NOK 133.5k NOK
+3532.1%
Operating result
-67.0k NOK +65.2k NOK
+197.3%
Net result
+128.3k NOK +344.3k NOK
+168.4%
Equity
6.75m NOK 7.09m NOK
+5.1%
Cash
488.1k NOK 116.6k NOK
-76.1%
Total assets
7.64m NOK 7.28m NOK
-4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 675 NOK to 133.5k NOK (+3532.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -67.0k NOK → +65.2k NOK (op. margin -1823.9% → 48.9%). Calculated

  • ↑

    Net result improved

    Net result +128.3k NOK → +344.3k NOK (net margin 3490.7% → 257.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.75m NOK → 7.09m NOK (equity ratio 88.3% → 97.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 1.51×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 488.1k NOK → 116.6k NOK (-76.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.90m NOK → 5.38m NOK. Reported fact