FirmaIQ
Org.nr 976 052 560 2021 → 2022 Year-over-year analysis

ABICON ELEKTRO AS: årsregnskap 2022 vs 2021

Shrank 12% on revenue, slipped into loss

approved 2023-06-08; registry 2023-06-21; journal 2023 489277

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABICON ELEKTRO AS. Revenue 164.46m NOK → 143.93m NOK (-12.5%). Net result +2.54m NOK → -4.02m NOK. Equity 21.71m NOK → 17.65m NOK.

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

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

At a glance

Scorecard

Revenue
164.46m NOK 143.93m NOK
-12.5%
Operating result
+3.17m NOK -4.95m NOK
-256.1%
Net result
+2.54m NOK -4.02m NOK
-258.5%
Equity
21.71m NOK 17.65m NOK
-18.7%
Cash
15.76m NOK 9.73m NOK
-38.3%
Total assets
52.52m NOK 47.86m NOK
-8.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 164.46m NOK to 143.93m NOK (-12.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.17m NOK → -4.95m NOK (op. margin 1.9% → -3.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.54m NOK profit to a loss of 4.02m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 21.71m NOK → 17.65m NOK (equity ratio 41.3% → 36.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.76m NOK → 9.73m NOK (-38.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 81.83m NOK → 61.85m NOK (-24.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 897.4k NOK → 1.60m NOK. Reported fact