FirmaIQ
Org.nr 998 204 267 2021 → 2022 Year-over-year analysis

ABAX TECHNOLOGY AS: årsregnskap 2022 vs 2021

Grew 42% on revenue, stronger earnings, fresh owner capital

approved 2023-06-21; registry 2023-07-19; journal 2023 590256

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABAX TECHNOLOGY AS. Revenue 20.78m NOK → 29.57m NOK (+42.3%). Net result +1.54m NOK → +3.93m NOK. Equity 6.93m NOK → 9.73m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
20.78m NOK 29.57m NOK
+42.3%
Operating result
+1.28m NOK +4.23m NOK
+230.5%
Net result
+1.54m NOK +3.93m NOK
+155.4%
Equity
6.93m NOK 9.73m NOK
+40.4%
Cash
6 152 NOK 74.0k NOK
+1102.6%
Total assets
61.60m NOK 80.72m NOK
+31.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.78m NOK to 29.57m NOK (+42.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.28m NOK → +4.23m NOK (op. margin 6.2% → 14.3%). Calculated

  • ↑

    Net result improved

    Net result +1.54m NOK → +3.93m NOK (net margin 7.4% → 13.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.93m NOK → 9.73m NOK (equity ratio 11.2% → 12.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 6 152 NOK → 74.0k NOK (+1102.6% YoY). Calculated