Org.nr 984 941 293 2021 → 2022 Year-over-year analysis

ABELCO AS: årsregnskap 2022 vs 2021

Grew 42447% on revenue, slipped into loss, cash halved-plus

approved 2023-06-30; registry 2023-08-02; journal 2023 694515

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABELCO AS. Revenue 369 NOK → 157.0k NOK (+42447.4%). Net result +66.2k NOK → -40.9k NOK. Equity 1.55m NOK → 1.51m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELCO AS.

Scorecard

Revenue
369 NOK 157.0k NOK
+42447.4%
Operating result
+102.0k NOK -38.3k NOK
-137.5%
Net result
+66.2k NOK -40.9k NOK
-161.8%
Equity
1.55m NOK 1.51m NOK
-2.6%
Cash
36.0k NOK 7 473 NOK
-79.2%
Total assets
2.30m NOK 2.23m NOK
-3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 369 NOK to 157.0k NOK (+42447.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +102.0k NOK → -38.3k NOK (op. margin 27639.8% → -24.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 66.2k NOK profit to a loss of 40.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.55m NOK → 1.51m NOK (equity ratio 67.7% → 68.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.0k NOK → 7 473 NOK (-79.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 48.0k NOK → 60.0k NOK. Reported fact