ABEL DIGITAL SECURITY AS: årsregnskap 2022 vs 2021
Shrank 37% on revenue, weaker earnings, cash halved-plus
approved 2023-05-30; registry 2023-06-03; journal 2023 453281
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABEL DIGITAL SECURITY AS. Revenue 770.8k NOK → 483.1k NOK (-37.3%). Net result +352.6k NOK → +9 251 NOK. Equity 354.6k NOK → 105.4k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABEL DIGITAL SECURITY AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 770.8k NOK to 483.1k NOK (-37.3% YoY). Calculated
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Operating result weakened
Operating result +438.9k NOK → +220.2k NOK (op. margin 56.9% → 45.6%). Calculated
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Net result weakened
Net result +352.6k NOK → +9 251 NOK (net margin 45.7% → 1.9%). Calculated
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↓
Equity eroded
Book equity 354.6k NOK → 105.4k NOK (equity ratio 44.0% → 25.3%). Calculated
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↓
Cash fell
Bank deposits 236.4k NOK → 55.8k NOK (-76.4% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 306.8k NOK → 232.6k NOK (-24.2% YoY). Calculated