ABM ENTREPRENØR AS: årsregnskap 2022 vs 2021
Grew 162% on revenue, weaker earnings
approved 2023-06-30; registry 2023-07-20; journal 2023 632575
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABM ENTREPRENØR AS. Revenue 200.0k NOK → 523.8k NOK (+161.9%). Net result -122.3k NOK → -184.1k NOK. Equity -92.3k NOK → -276.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABM ENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 200.0k NOK to 523.8k NOK (+161.9% YoY). Calculated
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↑
Cash rose
Bank deposits 59.8k NOK → 103.9k NOK (+73.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -122.3k NOK → -177.6k NOK (op. margin -61.2% → -33.9%). Calculated
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↓
Net result weakened
Net result -122.3k NOK → -184.1k NOK (net margin -61.2% → -35.1%). Calculated
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↓
Equity eroded
Book equity -92.3k NOK → -276.4k NOK (equity ratio -116.7% → -266.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -266.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 292.1k NOK → 1.33m NOK (146% → 254% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5 840 NOK → 108.1k NOK (+1750.7% YoY). Calculated