ABC RENHOLD & SERVICE AS: årsregnskap 2022 vs 2021
Shrank 15% on revenue, slipped into loss, cash halved-plus
approved 2023-02-17; registry 2023-03-14; journal 2023 323957
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABC RENHOLD & SERVICE AS. Revenue 2.10m NOK → 1.78m NOK (-15.4%). Net result +58.7k NOK → -139.3k NOK. Equity -234.5k NOK → -373.8k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC RENHOLD & SERVICE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.10m NOK to 1.78m NOK (-15.4% YoY). Calculated
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Operating result weakened
Operating result +59.8k NOK → -140.2k NOK (op. margin 2.8% → -7.9%). Calculated
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Fell into a net loss
Net result flipped from 58.7k NOK profit to a loss of 139.3k NOK. Calculated
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Equity eroded
Book equity -234.5k NOK → -373.8k NOK (equity ratio -42.0% → -85.6%). Calculated
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Cash fell
Bank deposits 92.8k NOK → 27.5k NOK (-70.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -85.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 346.5k NOK → 237.8k NOK (-31.4% YoY). Calculated