Org.nr 914 081 041 2021 → 2022 Year-over-year analysis

ABEL UTVIKLING AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

registry 2023-06-08; journal 2023 472291

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABEL UTVIKLING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -540 NOK → -39.1k NOK. Equity 4 521 NOK → -34.5k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEL UTVIKLING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-540 NOK -39.1k NOK
-7133.3%
Net result
-540 NOK -39.1k NOK
-7133.3%
Equity
4 521 NOK -34.5k NOK
-863.9%
Cash
9 982 NOK 1 623 NOK
-83.7%
Total assets
314.0k NOK 620.0k NOK
+97.4%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -540 NOK → -39.1k NOK. Calculated

  • ↓

    Net result weakened

    Net result -540 NOK → -39.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4 521 NOK → -34.5k NOK (equity ratio 1.4% → -5.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 982 NOK → 1 623 NOK (-83.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation