ABO EIENDOMMER AS: årsregnskap 2022 vs 2021
Grew 6% on revenue, weaker earnings, cash halved-plus
approved 2023-06-26; registry 2023-07-13; journal 2023 578915
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABO EIENDOMMER AS. Revenue 7.42m NOK → 7.87m NOK (+6.0%). Net result +3.06m NOK → +1.24m NOK. Equity 12.40m NOK → 13.64m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ABO EIENDOMMER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.42m NOK to 7.87m NOK (+6.0% YoY). Calculated
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↑
Equity strengthened
Book equity 12.40m NOK → 13.64m NOK (equity ratio 42.5% → 62.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +3.85m NOK → +1.68m NOK (op. margin 51.9% → 21.3%). Calculated
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↓
Net result weakened
Net result +3.06m NOK → +1.24m NOK (net margin 41.2% → 15.7%). Calculated
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↓
Cash fell
Bank deposits 10.67m NOK → 2.88m NOK (-73.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.67m NOK → 2.88m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 20.0k NOK → 42.0k NOK (0% → 1% of revenue). Calculated