Org.nr 976 842 790 2021 → 2022 Year-over-year analysis

ABRAKADABRA COMMUNICATION AS: årsregnskap 2022 vs 2021

Grew 129% on revenue, returned to profit, cash halved-plus

approved 2023-07-25; registry 2024-02-26; journal 2024 312624

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABRAKADABRA COMMUNICATION AS. Revenue 205.0k NOK → 468.9k NOK (+128.8%). Net result -211.2k NOK → +10.3k NOK. Equity 1.96m NOK → 1.97m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRAKADABRA COMMUNICATION AS.

Scorecard

Revenue
205.0k NOK 468.9k NOK
+128.8%
Operating result
-211.2k NOK +9 772 NOK
+104.6%
Net result
-211.2k NOK +10.3k NOK
+104.9%
Equity
1.96m NOK 1.97m NOK
+0.5%
Cash
371.6k NOK 18.0k NOK
-95.2%
Total assets
2.24m NOK 2.42m NOK
+7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 205.0k NOK to 468.9k NOK (+128.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -211.2k NOK → +9 772 NOK (op. margin -103.1% → 2.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 211.2k NOK to a profit of 10.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.96m NOK → 1.97m NOK (equity ratio 87.5% → 81.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 371.6k NOK → 18.0k NOK (-95.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10 NOK → 8 092 NOK (0% → 2% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 23.0k NOK → 50.8k NOK (+120.9% YoY). Calculated