ABLECON HOLDING AS: årsregnskap 2022 vs 2021
Returned to profit, cash halved-plus
approved 2023-08-18; registry 2023-08-24; journal 2023 714607
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABLECON HOLDING AS. Net result -12.5k NOK → +133.0k NOK. Equity -42.1k NOK → 90.9k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABLECON HOLDING AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 12.5k NOK to a profit of 133.0k NOK. Calculated
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↑
Equity strengthened
Book equity -42.1k NOK → 90.9k NOK (equity ratio -78.1% → 63.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -16.0k NOK → -21.8k NOK. Calculated
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↓
Cash fell
Bank deposits 68.3k NOK → 24.9k NOK (-63.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 7.24× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 88.8k NOK. Reported fact