ABEL TECHNOLOGIES AS: årsregnskap 2022 vs 2021
Grew 3401% on revenue, weaker earnings, fresh owner capital
approved 2023-05-23; registry 2023-06-24; journal 2023 480328
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABEL TECHNOLOGIES AS. Revenue 808.4k NOK → 28.30m NOK (+3400.5%). Net result -2.42m NOK → -4.77m NOK. Equity 1.29m NOK → 9.64m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABEL TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 808.4k NOK to 28.30m NOK (+3400.5% YoY). Calculated
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↑
Equity strengthened
Book equity 1.29m NOK → 9.64m NOK (equity ratio 136.0% → 76.0%). Calculated
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↑
Cash rose
Bank deposits 620.9k NOK → 4.50m NOK (+625.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.05m NOK → 9.64m NOK (+8.59m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -2.21m NOK → -4.75m NOK (op. margin -272.9% → -16.8%). Calculated
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↓
Net result weakened
Net result -2.42m NOK → -4.77m NOK (net margin -299.0% → -16.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.17m NOK → 4.06m NOK (144% → 14% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 888.8k NOK → 25.99m NOK (+2824.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 17. Reported fact