Org.nr 919 199 571 2021 → 2022 Year-over-year analysis

ABLECENTER VISIOSALES AS: årsregnskap 2022 vs 2021

Grew 26% on revenue, slipped into loss, cash halved-plus

approved 2023-08-18; registry 2023-08-24; journal 2023 714604

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABLECENTER VISIOSALES AS. Revenue 337.2k NOK → 425.6k NOK (+26.2%). Net result +9 635 NOK → -7 627 NOK. Equity 13.4k NOK → 5 799 NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABLECENTER VISIOSALES AS.

Scorecard

Revenue
337.2k NOK 425.6k NOK
+26.2%
Operating result
+5 721 NOK +2 257 NOK
-60.5%
Net result
+9 635 NOK -7 627 NOK
-179.2%
Equity
13.4k NOK 5 799 NOK
-56.8%
Cash
40.1k NOK 13.9k NOK
-65.4%
Total assets
204.5k NOK 33.5k NOK
-83.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 337.2k NOK to 425.6k NOK (+26.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5 721 NOK → +2 257 NOK (op. margin 1.7% → 0.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9 635 NOK profit to a loss of 7 627 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 13.4k NOK → 5 799 NOK (equity ratio 6.6% → 17.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 40.1k NOK → 13.9k NOK (-65.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 294.6k NOK → 334.2k NOK (+13.4% YoY). Calculated