Org.nr 821 643 422 2021 → 2022 Year-over-year analysis

ABS FREMOVER AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings

approved 2023-10-03; registry 2023-10-05; journal 2023 732991

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABS FREMOVER AS. Revenue 1 500 NOK → 0 NOK (-100.0%). Net result -81.6k NOK → -225.2k NOK. Equity 307.8k NOK → 82.7k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABS FREMOVER AS.

Scorecard

Revenue
1 500 NOK 0 NOK
-100.0%
Operating result
-2 653 NOK -74.1k NOK
-2692.6%
Net result
-81.6k NOK -225.2k NOK
-176.0%
Equity
307.8k NOK 82.7k NOK
-73.1%
Cash
1 220 NOK 10.1k NOK
+730.7%
Total assets
344.1k NOK 131.6k NOK
-61.8%

What improved

  • ↑

    Cash rose

    Bank deposits 1 220 NOK → 10.1k NOK (+730.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1 500 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -2 653 NOK → -74.1k NOK. Calculated

  • ↓

    Net result weakened

    Net result -81.6k NOK → -225.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 307.8k NOK → 82.7k NOK (equity ratio 89.5% → 62.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 342.9k NOK → 121.4k NOK. Reported fact