FirmaIQ
Org.nr 920 144 632 2021 → 2022 Year-over-year analysis

ABEL MEYERSGATE AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-06-30; registry 2023-07-10; journal 2023 595041

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABEL MEYERSGATE AS. Revenue 410.4k NOK → 423.2k NOK (+3.1%). Net result +90.9k NOK → +5.12m NOK. Equity 2.43m NOK → 2.38m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
410.4k NOK 423.2k NOK
+3.1%
Operating result
+117.0k NOK +156.1k NOK
+33.4%
Net result
+90.9k NOK +5.12m NOK
+5531.5%
Equity
2.43m NOK 2.38m NOK
-2.0%
Cash
538.1k NOK 887.9k NOK
+65.0%
Total assets
3.44m NOK 3.73m NOK
+8.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 410.4k NOK to 423.2k NOK (+3.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +117.0k NOK → +156.1k NOK (op. margin 28.5% → 36.9%). Calculated

  • ↑

    Net result improved

    Net result +90.9k NOK → +5.12m NOK (net margin 22.2% → 1210.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 538.1k NOK → 887.9k NOK (+65.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.43m NOK → 2.38m NOK (equity ratio 70.6% → 63.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.22× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated