ABOBIL.NO AS: årsregnskap 2022 vs 2021
Shrank 14% on revenue, weaker earnings, cash halved-plus
approved 2023-02-17; registry 2023-03-15; journal 2023 324732
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABOBIL.NO AS. Revenue 131.15m NOK → 113.16m NOK (-13.7%). Net result +11.83m NOK → +8.45m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ABOBIL.NO AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 131.15m NOK to 113.16m NOK (-13.7% YoY). Calculated
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Operating result weakened
Operating result +15.31m NOK → +10.81m NOK (op. margin 11.7% → 9.6%). Calculated
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Net result weakened
Net result +11.83m NOK → +8.45m NOK (net margin 9.0% → 7.5%). Calculated
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Cash fell
Bank deposits 23.59m NOK → 3.41m NOK (-85.6% YoY). Calculated
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Payroll up without matching revenue
Salary cost 8.09m NOK → 8.32m NOK (6% → 7% of revenue). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (23.59m NOK → 3.41m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 101.54m NOK → 86.40m NOK (-14.9% YoY). Calculated