ABLE AS: årsregnskap 2022 vs 2021
Grew 13% on revenue, weaker earnings
approved 2023-06-14; registry 2023-06-27; journal 2023 510051
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABLE AS. Revenue 14.79m NOK → 16.69m NOK (+12.9%). Net result +5.46m NOK → +2.15m NOK. Equity 2.03m NOK → 4.02m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.79m NOK to 16.69m NOK (+12.9% YoY). Calculated
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↑
Operating result improved
Operating result +614.6k NOK → +783.4k NOK (op. margin 4.2% → 4.7%). Calculated
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↑
Equity strengthened
Book equity 2.03m NOK → 4.02m NOK (equity ratio 50.2% → 58.7%). Calculated
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↑
Cash rose
Bank deposits 1.87m NOK → 1.97m NOK (+5.4% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +5.46m NOK → +2.15m NOK (net margin 36.9% → 12.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.57m NOK → 6.07m NOK (38% → 36% of revenue). Calculated