Org.nr 942 988 419 2021 → 2022 Year-over-year analysis

ABICON AS: årsregnskap 2022 vs 2021

Grew 8% on revenue, cash halved-plus

approved 2024-02-13; registry 2024-02-15; journal 2024 306731

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABICON AS. Revenue 924.2k NOK → 995.2k NOK (+7.7%). Net result +290.9k NOK → +265.1k NOK. Equity 4.71m NOK → 4.98m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABICON AS.

Scorecard

Revenue
924.2k NOK 995.2k NOK
+7.7%
Operating result
+394.9k NOK +355.7k NOK
-9.9%
Net result
+290.9k NOK +265.1k NOK
-8.9%
Equity
4.71m NOK 4.98m NOK
+5.6%
Cash
137.8k NOK 48.0k NOK
-65.2%
Total assets
5.16m NOK 5.15m NOK
-0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 924.2k NOK to 995.2k NOK (+7.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.71m NOK → 4.98m NOK (equity ratio 91.3% → 96.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +394.9k NOK → +355.7k NOK (op. margin 42.7% → 35.7%). Calculated

  • ↓

    Net result weakened

    Net result +290.9k NOK → +265.1k NOK (net margin 31.5% → 26.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 137.8k NOK → 48.0k NOK (-65.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 296.3k NOK → 307.6k NOK. Reported fact