Org.nr 924 681 268 2021 → 2022 Year-over-year analysis

ABC BOLIG NORGE AS: årsregnskap 2022 vs 2021

Shrank 47% on revenue, stronger earnings, cash halved-plus

approved 2023-09-26; registry 2023-10-02; journal 2023 732249

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABC BOLIG NORGE AS. Revenue 873.0k NOK → 466.4k NOK (-46.6%). Net result +101.8k NOK → +133.7k NOK. Equity 5.13m NOK → 268.3k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC BOLIG NORGE AS.

Scorecard

Revenue
873.0k NOK 466.4k NOK
-46.6%
Operating result
+131.9k NOK +179.0k NOK
+35.7%
Net result
+101.8k NOK +133.7k NOK
+31.3%
Equity
5.13m NOK 268.3k NOK
-94.8%
Cash
80.3k NOK 841 NOK
-99.0%
Total assets
885.0k NOK 979.4k NOK
+10.7%

What improved

  • ↑

    Operating result improved

    Operating result +131.9k NOK → +179.0k NOK (op. margin 15.1% → 38.4%). Calculated

  • ↑

    Net result improved

    Net result +101.8k NOK → +133.7k NOK (net margin 11.7% → 28.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 873.0k NOK to 466.4k NOK (-46.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 5.13m NOK → 268.3k NOK (equity ratio 580.2% → 27.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 80.3k NOK → 841 NOK (-99.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.18× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 170.4k NOK. Reported fact