ABO SERVICE AS: årsregnskap 2022 vs 2021
Shrank 70% on revenue, stronger earnings, cash halved-plus
approved 2023-07-31; registry 2023-08-02; journal 2023 685693
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABO SERVICE AS. Revenue 2.28m NOK → 694.3k NOK (-69.6%). Net result -254.6k NOK → -55.6k NOK. Equity 431.4k NOK → 375.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -291.3k NOK → -14.3k NOK (op. margin -12.8% → -2.1%). Calculated
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Net result improved
Net result -254.6k NOK → -55.6k NOK (net margin -11.2% → -8.0%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.28m NOK to 694.3k NOK (-69.6% YoY). Calculated
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Equity eroded
Book equity 431.4k NOK → 375.8k NOK (equity ratio 28.3% → 28.4%). Calculated
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Cash fell
Bank deposits 118.6k NOK → 35.4k NOK (-70.2% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1.62m NOK → 2.46m NOK (71% → 354% of revenue). Calculated
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COGS moved
COGS / varekostnad -8 000 NOK → 241 NOK (+103.0% YoY). Calculated