Org.nr 982 085 160 2021 → 2022 Year-over-year analysis

ABB AS: årsregnskap 2022 vs 2021

Grew 14% on revenue, weaker earnings

approved 2023-03-21; registry 2023-05-22; journal 2023 393215

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABB AS. Revenue 4.83bn NOK → 5.53bn NOK (+14.4%). Net result +210.73m NOK → +274.5k NOK. Equity 654.9k NOK → 13.70m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABB AS.

Scorecard

Revenue
4.83bn NOK 5.53bn NOK
+14.4%
Operating result
+133.94m NOK +283.0k NOK
-99.8%
Net result
+210.73m NOK +274.5k NOK
-99.9%
Equity
654.9k NOK 13.70m NOK
+1991.2%
Cash
31.62m NOK 28.66m NOK
-9.3%
Total assets
3.97bn NOK 4.63bn NOK
+16.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.83bn NOK to 5.53bn NOK (+14.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 654.9k NOK → 13.70m NOK (equity ratio 0.0% → 0.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +133.94m NOK → +283.0k NOK (op. margin 2.8% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +210.73m NOK → +274.5k NOK (net margin 4.4% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.62m NOK → 28.66m NOK (-9.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.20bn NOK → 2.49bn NOK (+13.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 309.0k NOK → 14.4k NOK. Reported fact