ABAS AS: årsregnskap 2022 vs 2021
Shrank 9% on revenue, weaker earnings
approved 2023-05-10; registry 2023-05-30; journal 2023 433752
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABAS AS. Revenue 3.52m NOK → 3.21m NOK (-8.9%). Net result +184.4k NOK → +33.1k NOK. Equity 10.54m NOK → 10.56m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABAS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 10.54m NOK → 10.56m NOK (equity ratio 1273.7% → 634.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.52m NOK to 3.21m NOK (-8.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +237.1k NOK → +31.0k NOK (op. margin 6.7% → 1.0%). Calculated
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↓
Net result weakened
Net result +184.4k NOK → +33.1k NOK (net margin 5.2% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 387.1k NOK → 226.1k NOK (-41.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 914.9k NOK → 2.90m NOK (26% → 90% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.00m NOK → 1.75m NOK (-12.4% YoY). Calculated