ABC METALL AS: årsregnskap 2022 vs 2021
Shrank 39% on revenue, slipped into loss, cash halved-plus
approved 2023-04-24; registry 2023-05-10; journal 2023 396052
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABC METALL AS. Revenue 2.00m NOK → 1.21m NOK (-39.2%). Net result +201.2k NOK → -101.3k NOK. Equity 829.2k NOK → 727.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC METALL AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.85m NOK → 436.5k NOK (143% → 36% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.00m NOK to 1.21m NOK (-39.2% YoY). Calculated
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↓
Operating result weakened
Operating result +265.5k NOK → -56.8k NOK (op. margin 13.3% → -4.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 201.2k NOK profit to a loss of 101.3k NOK. Calculated
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↓
Equity eroded
Book equity 829.2k NOK → 727.9k NOK (equity ratio 72.7% → 90.3%). Calculated
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↓
Cash fell
Bank deposits 210.4k NOK → 31.8k NOK (-84.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 233.9k NOK → 125.3k NOK (-46.4% YoY). Calculated