Org.nr 937 669 658 2021 → 2022 Year-over-year analysis

ABO BYGG AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-08-30; registry 2023-09-04; journal 2023 722759

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABO BYGG AS. Revenue 9.52m NOK → 9.96m NOK (+4.6%). Net result -963.0k NOK → -409.8k NOK. Equity -338.2k NOK → -748.0k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABO BYGG AS.

Scorecard

Revenue
9.52m NOK 9.96m NOK
+4.6%
Operating result
-963.3k NOK -410.2k NOK
+57.4%
Net result
-963.0k NOK -409.8k NOK
+57.4%
Equity
-338.2k NOK -748.0k NOK
-121.1%
Cash
1.21m NOK 1.12m NOK
-7.6%
Total assets
5.99m NOK 3.86m NOK
-35.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.52m NOK to 9.96m NOK (+4.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -963.3k NOK → -410.2k NOK (op. margin -10.1% → -4.1%). Calculated

  • ↑

    Net result improved

    Net result -963.0k NOK → -409.8k NOK (net margin -10.1% → -4.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -338.2k NOK → -748.0k NOK (equity ratio -5.6% → -19.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.21m NOK → 1.12m NOK (-7.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -19.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 145.1k NOK → 110.8k NOK (-23.6% YoY). Calculated