Org.nr 926 455 443 2021 → 2022 Year-over-year analysis

ABSOLUTTWEB AS: årsregnskap 2022 vs 2021

Grew 133021% on revenue, slipped into loss

approved 2023-08-11; registry 2023-08-16; journal 2023 710325

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABSOLUTTWEB AS. Revenue 3 516 NOK → 4.68m NOK (+133020.8%). Net result +6 415 NOK → -13.2k NOK. Equity 6.99m NOK → 439.9k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABSOLUTTWEB AS.

Scorecard

Revenue
3 516 NOK 4.68m NOK
+133020.8%
Operating result
+527.8k NOK +6 684 NOK
-98.7%
Net result
+6 415 NOK -13.2k NOK
-305.8%
Equity
6.99m NOK 439.9k NOK
-93.7%
Cash
286.6k NOK 249.1k NOK
-13.1%
Total assets
1.60m NOK 1.79m NOK
+11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 516 NOK to 4.68m NOK (+133020.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +527.8k NOK → +6 684 NOK (op. margin 15010.7% → 0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 6 415 NOK profit to a loss of 13.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.99m NOK → 439.9k NOK (equity ratio 436.7% → 24.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 286.6k NOK → 249.1k NOK (-13.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 572.8k NOK → 560.7k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1 670 NOK → 2.59m NOK (47% → 55% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 149.2k NOK → 290.0k NOK (+94.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 867.7k NOK → 938.2k NOK. Reported fact