ABD RØRSERVICE AS: årsregnskap 2022 vs 2021
Grew 9% on revenue, stronger earnings
approved 2023-06-15; registry 2023-06-27; journal 2023 510499
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABD RØRSERVICE AS. Revenue 23.61m NOK → 25.75m NOK (+9.0%). Net result +482.7k NOK → +1.54m NOK. Equity 2.51m NOK → 4.05m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABD RØRSERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 23.61m NOK to 25.75m NOK (+9.0% YoY). Calculated
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Operating result improved
Operating result +948.3k NOK → +2.02m NOK (op. margin 4.0% → 7.9%). Calculated
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Net result improved
Net result +482.7k NOK → +1.54m NOK (net margin 2.0% → 6.0%). Calculated
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Equity strengthened
Book equity 2.51m NOK → 4.05m NOK (equity ratio 25.9% → 34.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.82m NOK → 1.43m NOK (-49.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 7.06m NOK → 7.88m NOK (30% → 31% of revenue). Calculated
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COGS moved
COGS / varekostnad 11.50m NOK → 12.74m NOK (+10.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 228.9k NOK → 170.9k NOK. Reported fact