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Org.nr 917 953 198 2021 → 2022 Year-over-year analysis

ABATE AS: årsregnskap 2022 vs 2021

Stronger earnings

registry 2023-07-19; journal 2023 588486

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABATE AS. Revenue 11.04m NOK → 11.51m NOK (+4.3%). Net result +983.3k NOK → +1.85m NOK. Equity 2.12m NOK → 3.77m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABATE AS.

At a glance

Scorecard

Revenue
11.04m NOK 11.51m NOK
+4.3%
Operating result
+584.8k NOK +2.48m NOK
+323.8%
Net result
+983.3k NOK +1.85m NOK
+88.4%
Equity
2.12m NOK 3.77m NOK
+77.9%
Cash
2.44m NOK 2.02m NOK
-17.2%
Total assets
4.97m NOK 7.39m NOK
+48.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.04m NOK to 11.51m NOK (+4.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +584.8k NOK → +2.48m NOK (op. margin 5.3% → 21.5%). Calculated

  • ↑

    Net result improved

    Net result +983.3k NOK → +1.85m NOK (net margin 8.9% → 16.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.12m NOK → 3.77m NOK (equity ratio 42.7% → 51.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.44m NOK → 2.02m NOK (-17.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.37m NOK → 4.75m NOK (40% → 41% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.08m NOK → 4.28m NOK (+4.9% YoY). Calculated