Org.nr 922 809 194 2021 → 2022 Year-over-year analysis

ABEC HOLDING AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-06-30; registry 2023-08-29; journal 2023 719688

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABEC HOLDING AS. Net result -21.5k NOK → -3 820 NOK. Equity 21.2k NOK → 17.3k NOK.

On the constructive side: net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: operating result unchanged; thin equity buffer. All figures are taken from the published annual accounts for ABEC HOLDING AS.

Scorecard

Operating result
-21.1k NOK -21.1k NOK
0.0%
Net result
-21.5k NOK -3 820 NOK
+82.2%
Equity
21.2k NOK 17.3k NOK
-18.1%
Cash
25.2k NOK 2 339 NOK
-90.7%
Total assets
40.2k NOK 267.3k NOK
+564.4%

What improved

  • ↑

    Net result improved

    Net result -21.5k NOK → -3 820 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 21.2k NOK → 17.3k NOK (equity ratio 52.6% → 6.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 25.2k NOK → 2 339 NOK (-90.7% YoY). Calculated

Things to notice

  • ·

    Operating result unchanged

    Operating result -21.1k NOK → -21.1k NOK. Calculated

  • ·

    Thin equity buffer

    Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation