ABD-HOLDING AS: årsregnskap 2022 vs 2021
Grew 144% on revenue, returned to profit
approved 2023-08-04; registry 2023-08-22; journal 2023 703230
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABD-HOLDING AS. Revenue 50.0k NOK → 122.0k NOK (+144.0%). Net result -88.5k NOK → +415.4k NOK. Equity 593.7k NOK → 9 027 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABD-HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 50.0k NOK to 122.0k NOK (+144.0% YoY). Calculated
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↑
Operating result improved
Operating result -88.4k NOK → -20.7k NOK (op. margin -176.7% → -17.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 88.5k NOK to a profit of 415.4k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 593.7k NOK → 9 027 NOK (equity ratio 35.3% → 0.5%). Calculated
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↓
Cash fell
Bank deposits 252.2k NOK → 146.0k NOK (-42.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.21× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 606.4k NOK → 621.4k NOK. Reported fact