ABC ART BUSINESS COLLECTION AS: årsregnskap 2022 vs 2021
Grew 71% on revenue, cash halved-plus
approved 2023-05-30; registry 2023-06-03; journal 2023 453047
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABC ART BUSINESS COLLECTION AS. Revenue 2.34m NOK → 3.99m NOK (+70.6%). Net result +346.7k NOK → +363.2k NOK. Equity 2.40m NOK → 2.76m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC ART BUSINESS COLLECTION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.34m NOK to 3.99m NOK (+70.6% YoY). Calculated
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↑
Operating result improved
Operating result +520.6k NOK → +552.0k NOK (op. margin 22.3% → 13.8%). Calculated
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↑
Equity strengthened
Book equity 2.40m NOK → 2.76m NOK (equity ratio 60.7% → 65.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 22.0k NOK → 1 466 NOK (-93.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 175.7k NOK → 273.0k NOK (8% → 7% of revenue). Calculated
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COGS fell
COGS / varekostnad 955.3k NOK → 600.9k NOK (-37.1% YoY). Calculated