ABILITY MANAGEMENT AS: årsregnskap 2022 vs 2021
Shrank 7% on revenue, stronger earnings
approved 2023-06-01; registry 2023-07-24; journal 2023 599609
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABILITY MANAGEMENT AS. Revenue 39.53m NOK → 36.67m NOK (-7.2%). Net result +2.28m NOK → +3.91m NOK. Equity 15.03m NOK → 10.58m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABILITY MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +2.28m NOK → +3.91m NOK (net margin 5.8% → 10.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 39.53m NOK to 36.67m NOK (-7.2% YoY). Calculated
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↓
Operating result weakened
Operating result +2.74m NOK → -3.73m NOK (op. margin 6.9% → -10.2%). Calculated
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↓
Equity eroded
Book equity 15.03m NOK → 10.58m NOK (equity ratio 8.9% → 7.3%). Calculated
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↓
Cash fell
Bank deposits 1.06m NOK → 746.8k NOK (-29.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 24.35m NOK → 27.09m NOK (62% → 74% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 64.89m NOK → 52.90m NOK. Reported fact