ABELSETH & CO AS: årsregnskap 2022 vs 2021
Grew 46% on revenue, weaker earnings
approved 2023-08-11; registry 2023-08-14; journal 2023 707921
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABELSETH & CO AS. Revenue 526.7k NOK → 770.6k NOK (+46.3%). Net result +322.13m NOK → +666.8k NOK. Equity 123.9k NOK → 4.79m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELSETH & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 526.7k NOK to 770.6k NOK (+46.3% YoY). Calculated
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↑
Operating result improved
Operating result +413.0k NOK → +483.9k NOK (op. margin 78.4% → 62.8%). Calculated
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↑
Equity strengthened
Book equity 123.9k NOK → 4.79m NOK (equity ratio 45.4% → 76.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +322.13m NOK → +666.8k NOK (net margin 61165.3% → 86.5%). Calculated
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↓
Cash fell
Bank deposits 612.5k NOK → 378.1k NOK (-38.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 597.0k NOK → 665.8k NOK. Reported fact