ABACUS IT AS: årsregnskap 2022 vs 2021
Grew 18% on revenue, weaker earnings
approved 2023-05-25; registry 2023-07-19; journal 2023 589460
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABACUS IT AS. Revenue 114.60m NOK → 134.81m NOK (+17.6%). Net result +10.58m NOK → +6.81m NOK. Equity 22.02m NOK → 25.33m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACUS IT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 114.60m NOK to 134.81m NOK (+17.6% YoY). Calculated
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↑
Equity strengthened
Book equity 22.02m NOK → 25.33m NOK (equity ratio 29.5% → 34.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +10.00m NOK → +5.10m NOK (op. margin 8.7% → 3.8%). Calculated
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↓
Net result weakened
Net result +10.58m NOK → +6.81m NOK (net margin 9.2% → 5.1%). Calculated
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↓
Cash fell
Bank deposits 7.51m NOK → 4.63m NOK (-38.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 63.34m NOK → 78.39m NOK (55% → 58% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 28.21m NOK → 32.02m NOK (+13.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 24.46m NOK → 24.85m NOK. Reported fact