ABC DAGLIGVARER AS: årsregnskap 2022 vs 2021
Shrank 5% on revenue, stronger earnings
approved 2023-05-12; registry 2023-06-14; journal 2023 470456
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABC DAGLIGVARER AS. Revenue 21.30m NOK → 20.20m NOK (-5.2%). Net result -138.1k NOK → -105.5k NOK. Equity 267.4k NOK → 161.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC DAGLIGVARER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -111.6k NOK → -38.6k NOK (op. margin -0.5% → -0.2%). Calculated
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↑
Net result improved
Net result -138.1k NOK → -105.5k NOK (net margin -0.6% → -0.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 21.30m NOK to 20.20m NOK (-5.2% YoY). Calculated
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↓
Equity eroded
Book equity 267.4k NOK → 161.9k NOK (equity ratio 9.5% → 5.7%). Calculated
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↓
Cash fell
Bank deposits 355.7k NOK → 347.0k NOK (-2.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 2.69m NOK → 2.70m NOK (13% → 13% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 16.14m NOK → 15.03m NOK (-6.9% YoY). Calculated