Org.nr 998 456 053 2021 → 2022 Year-over-year analysis

ABC HÅNDVERKEREN FRANKIEWICZ AS: årsregnskap 2022 vs 2021

Shrank 34% on revenue, weaker earnings

approved 2023-06-25; registry 2023-07-03; journal 2023 559958

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABC HÅNDVERKEREN FRANKIEWICZ AS. Revenue 2.61m NOK → 1.71m NOK (-34.3%). Net result +43.5k NOK → +5 221 NOK. Equity 83.3k NOK → 88.6k 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 ABC HÅNDVERKEREN FRANKIEWICZ AS.

Scorecard

Revenue
2.61m NOK 1.71m NOK
-34.3%
Operating result
+45.9k NOK +9 942 NOK
-78.4%
Net result
+43.5k NOK +5 221 NOK
-88.0%
Equity
83.3k NOK 88.6k NOK
+6.3%
Cash
305.5k NOK 321.3k NOK
+5.2%
Total assets
681.7k NOK 581.8k NOK
-14.7%

What improved

  • ↑

    Equity strengthened

    Book equity 83.3k NOK → 88.6k NOK (equity ratio 12.2% → 15.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 305.5k NOK → 321.3k NOK (+5.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.78m NOK → 0 NOK (68% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.61m NOK to 1.71m NOK (-34.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +45.9k NOK → +9 942 NOK (op. margin 1.8% → 0.6%). Calculated

  • ↓

    Net result weakened

    Net result +43.5k NOK → +5 221 NOK (net margin 1.7% → 0.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 407.6k NOK → 360.7k NOK (-11.5% YoY). Calculated