Org.nr 992 294 019 2021 → 2022 Year-over-year analysis

ABC TURBUSSER AS: årsregnskap 2022 vs 2021

Grew 18% on revenue, returned to profit

approved 2023-03-28; registry 2023-04-08; journal 2023 347979

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABC TURBUSSER AS. Revenue 782.8k NOK → 926.9k NOK (+18.4%). Net result -664.5k NOK → +1.65m NOK. Equity 226.6k NOK → 1.87m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC TURBUSSER AS.

Scorecard

Revenue
782.8k NOK 926.9k NOK
+18.4%
Operating result
-629.8k NOK +905.8k NOK
+243.8%
Net result
-664.5k NOK +1.65m NOK
+347.8%
Equity
226.6k NOK 1.87m NOK
+726.6%
Cash
694.4k NOK 623.7k NOK
-10.2%
Total assets
2.13m NOK 4.67m NOK
+119.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 782.8k NOK to 926.9k NOK (+18.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -629.8k NOK → +905.8k NOK (op. margin -80.5% → 97.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 664.5k NOK to a profit of 1.65m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 226.6k NOK → 1.87m NOK (equity ratio 10.6% → 40.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 605.9k NOK → 1 422 NOK (77% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 694.4k NOK → 623.7k NOK (-10.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 604 NOK → 71.4k NOK (+11716.9% YoY). Calculated