ABFAB AS: årsregnskap 2022 vs 2021
Grew 178% on revenue, weaker earnings
approved 2023-03-20; registry 2023-03-22; journal 2023 332387
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABFAB AS. Revenue 1.39m NOK → 3.87m NOK (+177.8%). Net result +319.3k NOK → +128.4k NOK. Equity 2.31m NOK → 4.43m 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 ABFAB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.39m NOK to 3.87m NOK (+177.8% YoY). Calculated
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Operating result improved
Operating result +403.2k NOK → +702.1k NOK (op. margin 29.0% → 18.2%). Calculated
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Equity strengthened
Book equity 2.31m NOK → 4.43m NOK (equity ratio 88.5% → 82.3%). Calculated
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Payroll decreased
Salary cost 2.88m NOK → 2 NOK (207% → 0% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +319.3k NOK → +128.4k NOK (net margin 23.0% → 3.3%). Calculated
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↓
Cash fell
Bank deposits 793.8k NOK → 502.5k NOK (-36.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 561 NOK → 1.56m NOK. Reported fact