ABELHUS AS: årsregnskap 2022 vs 2021
Shrank 28% on revenue, stronger earnings, cash halved-plus
approved 2023-06-28; registry 2023-07-03; journal 2023 554951
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABELHUS AS. Revenue 2.29m NOK → 1.65m NOK (-28.1%). Net result +1.08m NOK → +6.87m NOK. Equity 1.36m NOK → 2.24m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ABELHUS AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +1.08m NOK → +6.87m NOK (net margin 47.1% → 417.1%). Calculated
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Equity strengthened
Book equity 1.36m NOK → 2.24m NOK (equity ratio 20.2% → 61.4%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.29m NOK to 1.65m NOK (-28.1% YoY). Calculated
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Operating result weakened
Operating result +1.44m NOK → +1.09m NOK (op. margin 62.9% → 66.3%). Calculated
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Cash fell
Bank deposits 3.48m NOK → 1.09m NOK (-68.5% YoY). Calculated
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Payroll up without matching revenue
Salary cost 32.8k NOK → 2.10m NOK (1% → 128% of revenue). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (3.48m NOK → 1.09m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 629.5k NOK → 230.2k NOK (-63.4% YoY). Calculated