FirmaIQ
Org.nr 984 907 540 2021 → 2022 Year-over-year analysis

ABELS GATE AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-05-23; registry 2023-05-25; journal 2023 425745

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABELS GATE AS. Revenue 773.4k NOK → 776.8k NOK (+0.4%). Net result +214.6k NOK → +279.3k NOK. Equity 655.1k NOK → 934.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
773.4k NOK 776.8k NOK
+0.4%
Operating result
+369.3k NOK +470.3k NOK
+27.4%
Net result
+214.6k NOK +279.3k NOK
+30.1%
Equity
655.1k NOK 934.4k NOK
+42.6%
Cash
611.2k NOK 201.1k NOK
-67.1%
Total assets
3.31m NOK 2.82m NOK
-14.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 773.4k NOK to 776.8k NOK (+0.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +369.3k NOK → +470.3k NOK (op. margin 47.7% → 60.5%). Calculated

  • ↑

    Net result improved

    Net result +214.6k NOK → +279.3k NOK (net margin 27.8% → 36.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 655.1k NOK → 934.4k NOK (equity ratio 19.8% → 33.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 611.2k NOK → 201.1k NOK (-67.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.13× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated