ABC - VARMEPUMPER AS: årsregnskap 2022 vs 2021
Shrank 46% on revenue, returned to profit
approved 2023-06-22; registry 2023-06-26; journal 2023 521930
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABC - VARMEPUMPER AS. Revenue 946.4k NOK → 514.7k NOK (-45.6%). Net result -108.7k NOK → +7 491 NOK. Equity 89.0k NOK → 96.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC - VARMEPUMPER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -139.3k NOK → +9 604 NOK (op. margin -14.7% → 1.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 108.7k NOK to a profit of 7 491 NOK. Calculated
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↑
Equity strengthened
Book equity 89.0k NOK → 96.5k NOK (equity ratio 38.8% → 57.7%). Calculated
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↑
Payroll decreased
Salary cost 506.0k NOK → 106.2k NOK (53% → 21% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 946.4k NOK to 514.7k NOK (-45.6% YoY). Calculated
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↓
Cash fell
Bank deposits 66.3k NOK → 61.8k NOK (-6.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 397.4k NOK → 266.6k NOK (-32.9% YoY). Calculated