ABELLO AS: årsregnskap 2022 vs 2021
Shrank 16% on revenue, returned to profit
approved 2023-08-23; registry 2023-09-04; journal 2023 723230
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABELLO AS. Revenue 1.81m NOK → 1.52m NOK (-15.9%). Net result -64.1k NOK → +607.6k NOK. Equity 128.5k NOK → 736.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELLO AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -132.0k NOK → +596.7k NOK (op. margin -7.3% → 39.3%). Calculated
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Turned profitable
Net result flipped from a loss of 64.1k NOK to a profit of 607.6k NOK. Calculated
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Equity strengthened
Book equity 128.5k NOK → 736.1k NOK (equity ratio 9.5% → 31.0%). Calculated
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Cash rose
Bank deposits 241.0k NOK → 371.0k NOK (+53.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.81m NOK to 1.52m NOK (-15.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.13× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1.35m NOK → 2.91m NOK (75% → 192% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 657.8k NOK → 315.1k NOK. Reported fact