ABOVO AS: årsregnskap 2022 vs 2021
Grew 68% on revenue, weaker earnings
approved 2023-02-23; registry 2023-03-02; journal 2023 315649
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABOVO AS. Revenue 470.9k NOK → 793.3k NOK (+68.5%). Net result +138.8k NOK → +10.3k NOK. Equity 186.5k NOK → 196.8k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABOVO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 470.9k NOK to 793.3k NOK (+68.5% YoY). Calculated
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↑
Operating result improved
Operating result +90.2k NOK → +106.4k NOK (op. margin 19.2% → 13.4%). Calculated
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↑
Equity strengthened
Book equity 186.5k NOK → 196.8k NOK (equity ratio 71.8% → 58.8%). Calculated
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↑
Cash rose
Bank deposits 106.8k NOK → 114.1k NOK (+6.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +138.8k NOK → +10.3k NOK (net margin 29.5% → 1.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.18m NOK → 3.37m NOK (676% → 424% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 142.0k NOK → 267.4k NOK (+88.2% YoY). Calculated