Org.nr 916 993 579 2021 → 2022 Year-over-year analysis

ABBI AS: årsregnskap 2022 vs 2021

Grew 7% on revenue, stronger earnings, cash halved-plus

approved 2023-06-01; registry 2023-06-14; journal 2023 484980

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABBI AS. Revenue 805.5k NOK → 860.6k NOK (+6.8%). Net result +380.4k NOK → +536.6k NOK. Equity 271.8k NOK → 808.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBI AS.

Scorecard

Revenue
805.5k NOK 860.6k NOK
+6.8%
Operating result
+484.8k NOK +652.0k NOK
+34.5%
Net result
+380.4k NOK +536.6k NOK
+41.0%
Equity
271.8k NOK 808.3k NOK
+197.4%
Cash
786.1k NOK 114.1k NOK
-85.5%
Total assets
806.1k NOK 408.6k NOK
-49.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 805.5k NOK to 860.6k NOK (+6.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +484.8k NOK → +652.0k NOK (op. margin 60.2% → 75.8%). Calculated

  • ↑

    Net result improved

    Net result +380.4k NOK → +536.6k NOK (net margin 47.2% → 62.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 271.8k NOK → 808.3k NOK (equity ratio 33.7% → 197.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 786.1k NOK → 114.1k NOK (-85.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.09× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 131.4k NOK → 116.0k NOK (-11.7% YoY). Calculated