Org.nr 998 228 433 2021 → 2022 Year-over-year analysis

ABS INSTALLASJON AS: årsregnskap 2022 vs 2021

Shrank 91% on revenue, slipped into loss, cash halved-plus

approved 2023-06-02; registry 2023-06-05; journal 2023 465658

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABS INSTALLASJON AS. Revenue 831.8k NOK → 74.7k NOK (-91.0%). Net result +42.9k NOK → -64.0k NOK. Equity 5.12m NOK → 51.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
831.8k NOK 74.7k NOK
-91.0%
Operating result
+55.0k NOK -64.0k NOK
-216.4%
Net result
+42.9k NOK -64.0k NOK
-249.3%
Equity
5.12m NOK 51.5k NOK
-99.0%
Cash
242.0k NOK 111.7k NOK
-53.8%
Total assets
303.0k NOK 135.8k NOK
-55.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 831.8k NOK to 74.7k NOK (-91.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +55.0k NOK → -64.0k NOK (op. margin 6.6% → -85.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 42.9k NOK profit to a loss of 64.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.12m NOK → 51.5k NOK (equity ratio 1688.4% → 37.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 242.0k NOK → 111.7k NOK (-53.8% YoY). Calculated