Org.nr 981 363 019 2021 → 2022 Year-over-year analysis

ABBOTT DIAGNOSTICS TECHNOLOGIES AS: årsregnskap 2022 vs 2021

Shrank 7% on revenue, weaker earnings, fresh owner capital

approved 2023-06-30; registry 2023-07-20; journal 2023 593449

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABBOTT DIAGNOSTICS TECHNOLOGIES AS. Revenue 1.13bn NOK → 1.05bn NOK (-7.4%). Net result +3.34bn NOK → +114.43m NOK. Equity 449.08m NOK → 2.36bn NOK.

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

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABBOTT DIAGNOSTICS TECHNOLOGIES AS.

Scorecard

Revenue
1.13bn NOK 1.05bn NOK
-7.4%
Operating result
+308.28m NOK +87.22m NOK
-71.7%
Net result
+3.34bn NOK +114.43m NOK
-96.6%
Equity
449.08m NOK 2.36bn NOK
+426.3%
Cash
7.17m NOK 9.74m NOK
+35.9%
Total assets
4.99bn NOK 3.10bn NOK
-37.9%

What improved

  • ↑

    Equity strengthened

    Book equity 449.08m NOK → 2.36bn NOK (equity ratio 9.0% → 76.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.17m NOK → 9.74m NOK (+35.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 42.10m NOK → 1.84bn NOK (+1.80bn NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.13bn NOK to 1.05bn NOK (-7.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +308.28m NOK → +87.22m NOK (op. margin 27.2% → 8.3%). Calculated

  • ↓

    Net result weakened

    Net result +3.34bn NOK → +114.43m NOK (net margin 294.7% → 10.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.14bn NOK → 4.15bn NOK (365% → 395% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 325.13m NOK → 397.34m NOK (+22.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.06bn NOK → 2.51bn NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 288 → 259. Reported fact