Org.nr 911 670 674 2021 → 2022 Year-over-year analysis

ABBAS EIENDOM AS: årsregnskap 2022 vs 2021

Grew 505% on revenue, slipped into loss, cash halved-plus

approved 2023-06-23; registry 2023-06-26; journal 2023 526410

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABBAS EIENDOM AS. Revenue 156.0k NOK → 943.3k NOK (+504.7%). Net result +355.1k NOK → -534.9k NOK. Equity 1.19m NOK → 656.9k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
156.0k NOK 943.3k NOK
+504.7%
Operating result
+437.6k NOK -673.4k NOK
-253.9%
Net result
+355.1k NOK -534.9k NOK
-250.6%
Equity
1.19m NOK 656.9k NOK
-44.9%
Cash
575.1k NOK 28.8k NOK
-95.0%
Total assets
1.42m NOK 917.7k NOK
-35.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 156.0k NOK to 943.3k NOK (+504.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +437.6k NOK → -673.4k NOK (op. margin 280.5% → -71.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 355.1k NOK profit to a loss of 534.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.19m NOK → 656.9k NOK (equity ratio 83.9% → 71.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 575.1k NOK → 28.8k NOK (-95.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 411.7k NOK → 434.0k NOK (+5.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 33.0k NOK → 1 NOK. Reported fact