FirmaIQ
Org.nr 916 207 395 2021 → 2022 Year-over-year analysis

ABRAZO AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2023-04-18; registry 2023-04-22; journal 2023 363350

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABRAZO AS. Revenue 3.00m NOK → 3 NOK (-100.0%). Net result +2.96m NOK → +35.5k NOK. Equity 208.8k NOK → 3.24m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABRAZO AS.

At a glance

Scorecard

Revenue
3.00m NOK 3 NOK
-100.0%
Operating result
+2.97m NOK -18.3k NOK
-100.6%
Net result
+2.96m NOK +35.5k NOK
-98.8%
Equity
208.8k NOK 3.24m NOK
+1453.5%
Cash
3.09m NOK 757.2k NOK
-75.5%
Total assets
4.88m NOK 3.48m NOK
-28.7%

What improved

  • ↑

    Equity strengthened

    Book equity 208.8k NOK → 3.24m NOK (equity ratio 4.3% → 93.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.00m NOK to 3 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.97m NOK → -18.3k NOK (op. margin 99.1% → -611633.3%). Calculated

  • ↓

    Net result weakened

    Net result +2.96m NOK → +35.5k NOK (net margin 98.6% → 1183333.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.09m NOK → 757.2k NOK (-75.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.09m NOK → 757.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.75m NOK → 1.85m NOK. Reported fact