Org.nr 923 056 580 2021 → 2022 Year-over-year analysis

ABEA AS: årsregnskap 2022 vs 2021

Grew 93% on revenue, returned to profit

approved 2023-03-29; registry 2023-04-08; journal 2023 344418

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABEA AS. Revenue 20.80m NOK → 40.21m NOK (+93.3%). Net result -1.14m NOK → +2.27m NOK. Equity -962.1k NOK → 303.0k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABEA AS.

Scorecard

Revenue
20.80m NOK 40.21m NOK
+93.3%
Operating result
-1.11m NOK +2.77m NOK
+350.9%
Net result
-1.14m NOK +2.27m NOK
+298.0%
Equity
-962.1k NOK 303.0k NOK
+131.5%
Cash
744.5k NOK 620.9k NOK
-16.6%
Total assets
4.93m NOK 12.21m NOK
+147.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.80m NOK to 40.21m NOK (+93.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.11m NOK → +2.77m NOK (op. margin -5.3% → 6.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.14m NOK to a profit of 2.27m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -962.1k NOK → 303.0k NOK (equity ratio -19.5% → 2.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 744.5k NOK → 620.9k NOK (-16.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 17.64m NOK → 28.39m NOK (+61.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 55.1k NOK → 46.7k NOK. Reported fact