ABC THAI AS: årsregnskap 2022 vs 2021
Shrank 21% on revenue, weaker earnings, cash halved-plus
approved 2023-07-28; registry 2023-08-07; journal 2023 701357
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABC THAI AS. Revenue 5.05m NOK → 3.97m NOK (-21.3%). Net result -13.3k NOK → -144.8k NOK. Equity 111.8k NOK → -33.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABC THAI AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.05m NOK to 3.97m NOK (-21.3% YoY). Calculated
-
↓
Operating result weakened
Operating result -12.0k NOK → -144.0k NOK (op. margin -0.2% → -3.6%). Calculated
-
↓
Net result weakened
Net result -13.3k NOK → -144.8k NOK (net margin -0.3% → -3.6%). Calculated
-
↓
Equity eroded
Book equity 111.8k NOK → -33.0k NOK (equity ratio 13.5% → -5.9%). Calculated
-
↓
Cash fell
Bank deposits 542.6k NOK → 266.7k NOK (-50.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 1.46m NOK → 1.23m NOK (-16.1% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 3.7 → 2. Reported fact