ABECO AS: årsregnskap 2022 vs 2021
Grew 12% on revenue, cash halved-plus
approved 2023-03-08; registry 2023-04-13; journal 2023 350628
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABECO AS. Revenue 1.73m NOK → 1.93m NOK (+11.5%). Net result +501.2k NOK → +422.2k NOK. Equity 785.9k NOK → 908.1k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABECO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.73m NOK to 1.93m NOK (+11.5% YoY). Calculated
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↑
Equity strengthened
Book equity 785.9k NOK → 908.1k NOK (equity ratio 594.4% → 70.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.26× → 3.30×. Calculated
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Payroll decreased
Salary cost 2.72m NOK → 2 NOK (158% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +644.19m NOK → +543.2k NOK (op. margin 37246.9% → 28.2%). Calculated
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↓
Net result weakened
Net result +501.2k NOK → +422.2k NOK (net margin 29.0% → 21.9%). Calculated
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↓
Cash fell
Bank deposits 896.8k NOK → 46.4k NOK (-94.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 42.4k NOK → 24.3k NOK. Reported fact