ABC GROUP AS: årsregnskap 2022 vs 2021
Grew 91% on revenue, slipped into loss
approved 2023-07-24; registry 2023-08-07; journal 2023 651411
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABC GROUP AS. Revenue 138.6k NOK → 264.6k NOK (+90.9%). Net result +26.4k NOK → -96.5k NOK. Equity 56.4k NOK → -51.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABC GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 138.6k NOK to 264.6k NOK (+90.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +33.9k NOK → -96.0k NOK (op. margin 24.4% → -36.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 26.4k NOK profit to a loss of 96.5k NOK. Calculated
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↓
Equity eroded
Book equity 56.4k NOK → -51.0k NOK (equity ratio 62.1% → -58.6%). Calculated
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↓
Cash fell
Bank deposits 83.1k NOK → 59.4k NOK (-28.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -58.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 4 000 NOK → 18.2k NOK (+355.9% YoY). Calculated