FirmaIQ
Org.nr 990 711 224 2021 → 2022 Year-over-year analysis

ABK RØRSERVICE AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, stronger earnings

approved 2023-04-14; registry 2023-04-22; journal 2023 362924

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABK RØRSERVICE AS. Revenue 4.73m NOK → 4.36m NOK (-8.0%). Net result +166.6k NOK → +1.12m NOK. Equity 2.52m NOK → 2.47m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABK RØRSERVICE AS.

At a glance

Scorecard

Revenue
4.73m NOK 4.36m NOK
-8.0%
Operating result
+477.5k NOK +1.42m NOK
+197.7%
Net result
+166.6k NOK +1.12m NOK
+574.6%
Equity
2.52m NOK 2.47m NOK
-1.9%
Cash
2.22m NOK 1.54m NOK
-30.5%
Total assets
4.37m NOK 4.62m NOK
+5.8%

What improved

  • ↑

    Operating result improved

    Operating result +477.5k NOK → +1.42m NOK (op. margin 10.1% → 32.6%). Calculated

  • ↑

    Net result improved

    Net result +166.6k NOK → +1.12m NOK (net margin 3.5% → 25.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.73m NOK to 4.36m NOK (-8.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.52m NOK → 2.47m NOK (equity ratio 57.6% → 53.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.22m NOK → 1.54m NOK (-30.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.40m NOK → 1.30m NOK (-7.1% YoY). Calculated