ABSALONSEN TRANSPORT AS: årsregnskap 2022 vs 2021
Shrank 20% on revenue, slipped into loss, cash halved-plus
approved 2023-07-28; registry 2023-08-02; journal 2023 688397
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABSALONSEN TRANSPORT AS. Revenue 1.94m NOK → 1.55m NOK (-19.9%). Net result +10.37m NOK → -2 400 NOK. Equity -63.9k NOK → -66.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 346.2k NOK → 164.2k NOK (18% → 11% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.94m NOK to 1.55m NOK (-19.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +404.7k NOK → +15.1k NOK (op. margin 20.9% → 1.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 10.37m NOK profit to a loss of 2 400 NOK. Calculated
-
↓
Equity eroded
Book equity -63.9k NOK → -66.3k NOK (equity ratio -12.9% → -11.8%). Calculated
-
↓
Cash fell
Bank deposits 194.2k NOK → 17.2k NOK (-91.1% YoY). Calculated