ABSOLUTE BAR AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, weaker earnings
approved 2023-04-18; registry 2023-04-24; journal 2023 366276
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABSOLUTE BAR AS. Revenue 3.01m NOK → 3.50m NOK (+16.1%). Net result +477.3k NOK → +107.1k NOK. Equity 878.4k NOK → 415.5k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABSOLUTE BAR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.01m NOK to 3.50m NOK (+16.1% YoY). Calculated
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↑
Cash rose
Bank deposits 515.6k NOK → 809.0k NOK (+56.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.57× → 1.88×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +612.3k NOK → +138.2k NOK (op. margin 20.3% → 4.0%). Calculated
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↓
Net result weakened
Net result +477.3k NOK → +107.1k NOK (net margin 15.8% → 3.1%). Calculated
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↓
Equity eroded
Book equity 878.4k NOK → 415.5k NOK (equity ratio 552.2% → 46.9%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 600.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 2 NOK → 2.99m NOK (0% → 86% of revenue). Calculated
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COGS fell
COGS / varekostnad 860.1k NOK → 106.6k NOK (-87.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1.5 → 1.8. Reported fact