Org.nr 990 692 270 2021 → 2022 Year-over-year analysis

ABAS INVEST AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-02-20; registry 2023-03-28; journal 2023 336326

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABAS INVEST AS. Revenue 6.26m NOK → 6.32m NOK (+1.0%). Net result +1.27m NOK → +2.23m NOK. Equity 11.46m NOK → 11.68m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABAS INVEST AS.

Scorecard

Revenue
6.26m NOK 6.32m NOK
+1.0%
Operating result
+2.48m NOK +3.77m NOK
+51.9%
Net result
+1.27m NOK +2.23m NOK
+74.9%
Equity
11.46m NOK 11.68m NOK
+2.0%
Cash
2.41m NOK 91.8k NOK
-96.2%
Total assets
50.57m NOK 46.48m NOK
-8.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.26m NOK to 6.32m NOK (+1.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.48m NOK → +3.77m NOK (op. margin 39.6% → 59.6%). Calculated

  • ↑

    Net result improved

    Net result +1.27m NOK → +2.23m NOK (net margin 20.3% → 35.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.46m NOK → 11.68m NOK (equity ratio 22.7% → 25.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.41m NOK → 91.8k NOK (-96.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.41m NOK → 91.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation