Org.nr 914 765 730 2021 → 2022 Year-over-year analysis

ABELSEN TØMRERSERVICE AS: årsregnskap 2022 vs 2021

Shrank 40% on revenue, slipped into loss

approved 2023-04-17; registry 2023-04-27; journal 2023 362921

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABELSEN TØMRERSERVICE AS. Revenue 6.06m NOK → 3.62m NOK (-40.2%). Net result +481.6k NOK → -106.6k NOK. Equity 695.4k NOK → 588.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABELSEN TØMRERSERVICE AS.

Scorecard

Revenue
6.06m NOK 3.62m NOK
-40.2%
Operating result
+617.8k NOK -136.1k NOK
-122.0%
Net result
+481.6k NOK -106.6k NOK
-122.1%
Equity
695.4k NOK 588.8k NOK
-15.3%
Cash
1.49m NOK 1.02m NOK
-31.5%
Total assets
1.66m NOK 1.17m NOK
-29.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.06m NOK to 3.62m NOK (-40.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +617.8k NOK → -136.1k NOK (op. margin 10.2% → -3.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 481.6k NOK profit to a loss of 106.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 695.4k NOK → 588.8k NOK (equity ratio 41.9% → 50.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.49m NOK → 1.02m NOK (-31.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.27m NOK → 1.64m NOK (-27.6% YoY). Calculated