ABBA HOLDING AS: årsregnskap 2022 vs 2021
Shrank 57% on revenue, weaker earnings
approved 2023-06-30; registry 2023-07-12; journal 2023 574699
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABBA HOLDING AS. Revenue 807.8k NOK → 346.3k NOK (-57.1%). Net result +115.98m NOK → +1.71m NOK. Equity 116.00m NOK → 117.65m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABBA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 116.00m NOK → 117.65m NOK (equity ratio 97.1% → 99.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 807.8k NOK to 346.3k NOK (-57.1% YoY). Calculated
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↓
Operating result weakened
Operating result +331.6k NOK → -690.0k NOK (op. margin 41.1% → -199.3%). Calculated
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↓
Net result weakened
Net result +115.98m NOK → +1.71m NOK (net margin 14356.3% → 492.5%). Calculated
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↓
Cash fell
Bank deposits 25.60m NOK → 15.06m NOK (-41.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 276 NOK → 285.2k NOK (0% → 82% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 57.84m NOK → 58.27m NOK. Reported fact