FirmaIQ
Org.nr 990 648 506 2021 → 2022 Year-over-year analysis

ABAN INTERNATIONAL NORWAY AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2022-10-10; registry 2022-11-14; journal 2022 942600

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABAN INTERNATIONAL NORWAY AS. Net result -104.13m NOK → -4.49m NOK. Equity -114.64m NOK → -119.13m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.

At a glance

Scorecard

Operating result
-553.0k NOK -234.0k NOK
+57.7%
Net result
-104.13m NOK -4.49m NOK
+95.7%
Equity
-114.64m NOK -119.13m NOK
-3.9%
Cash
41.0k NOK 729.0k NOK
+1678.0%
Total assets
48.00m NOK 48.69m NOK
+1.4%

What improved

  • ↑

    Operating result improved

    Operating result -553.0k NOK → -234.0k NOK. Calculated

  • ↑

    Net result improved

    Net result -104.13m NOK → -4.49m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 41.0k NOK → 729.0k NOK (+1678.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.25× → 4.34×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -114.64m NOK → -119.13m NOK (equity ratio -238.8% → -244.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -244.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.23bn NOK → 36.84m NOK — check capital reduction, conversion, or reclassification. Interpretation