ABSOLUIT AS: årsregnskap 2022 vs 2021
Grew 82% on revenue, returned to profit
approved 2023-06-27; registry 2023-06-29; journal 2023 537984
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABSOLUIT AS. Revenue 5.88m NOK → 10.69m NOK (+81.8%). Net result -14.8k NOK → +766.3k NOK. Equity 357.0k NOK → 123.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABSOLUIT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.88m NOK to 10.69m NOK (+81.8% YoY). Calculated
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↑
Operating result improved
Operating result -14.6k NOK → +1.04m NOK (op. margin -0.2% → 9.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 14.8k NOK to a profit of 766.3k NOK. Calculated
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↑
Cash rose
Bank deposits 369.1k NOK → 619.1k NOK (+67.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 357.0k NOK → 123.3k NOK (equity ratio 15.1% → 2.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3.93m NOK → 4.82m NOK (+22.7% YoY). Calculated