Org.nr 921 398 514 2021 → 2022 Year-over-year analysis

ABEKON AS: årsregnskap 2022 vs 2021

Grew 6% on revenue, weaker earnings

approved 2023-03-24; registry 2023-04-03; journal 2023 343087

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABEKON AS. Revenue 1.75m NOK → 1.85m NOK (+5.5%). Net result +8.74m NOK → +5.42m NOK. Equity 30.2k NOK → 30.7k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABEKON AS.

Scorecard

Revenue
1.75m NOK 1.85m NOK
+5.5%
Operating result
+965.2k NOK +556.0k NOK
-42.4%
Net result
+8.74m NOK +5.42m NOK
-38.0%
Equity
30.2k NOK 30.7k NOK
+1.9%
Cash
403.4k NOK 581.5k NOK
+44.2%
Total assets
790.7k NOK 912.8k NOK
+15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.75m NOK to 1.85m NOK (+5.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 403.4k NOK → 581.5k NOK (+44.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +965.2k NOK → +556.0k NOK (op. margin 55.1% → 30.1%). Calculated

  • ↓

    Net result weakened

    Net result +8.74m NOK → +5.42m NOK (net margin 499.5% → 293.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 518.1k NOK → 1.00m NOK (30% → 54% of revenue). Calculated