FirmaIQ
Org.nr 933 783 405 2021 → 2022 Year-over-year analysis

ABBOTT RAPID DIAGNOSTICS AS: årsregnskap 2022 vs 2021

Shrank 68% on revenue, weaker earnings

registry 2023-08-16; journal 2023 689894

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABBOTT RAPID DIAGNOSTICS AS. Revenue 1.74bn NOK → 563.13m NOK (-67.6%). Net result +59.87m NOK → +39.50m NOK. Equity 166.32m NOK → 205.82m NOK.

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

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

At a glance

Scorecard

Revenue
1.74bn NOK 563.13m NOK
-67.6%
Operating result
+75.89m NOK +49.69m NOK
-34.5%
Net result
+59.87m NOK +39.50m NOK
-34.0%
Equity
166.32m NOK 205.82m NOK
+23.7%
Cash
2.50m NOK 4.14m NOK
+65.9%
Total assets
310.80m NOK 311.13m NOK
+0.1%

What improved

  • ↑

    Equity strengthened

    Book equity 166.32m NOK → 205.82m NOK (equity ratio 53.5% → 66.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.50m NOK → 4.14m NOK (+65.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 74.88m NOK → 5.33m NOK (4% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.74bn NOK to 563.13m NOK (-67.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +75.89m NOK → +49.69m NOK (op. margin 4.4% → 8.8%). Calculated

  • ↓

    Net result weakened

    Net result +59.87m NOK → +39.50m NOK (net margin 3.4% → 7.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 529.08m NOK → 373.69m NOK (-29.4% YoY). Calculated