ABSOR AS: årsregnskap 2022 vs 2021
Shrank 10% on revenue, slipped into loss
approved 2023-06-26; registry 2023-07-25; journal 2023 646451
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABSOR AS. Revenue 1.63m NOK → 1.46m NOK (-10.4%). Net result +285.7k NOK → -104.0k NOK. Equity -18.5k NOK → -122.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSOR AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 354.6k NOK → 251.6k NOK (22% → 17% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.63m NOK to 1.46m NOK (-10.4% YoY). Calculated
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↓
Operating result weakened
Operating result +319.5k NOK → -67.4k NOK (op. margin 19.7% → -4.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 285.7k NOK profit to a loss of 104.0k NOK. Calculated
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↓
Equity eroded
Book equity -18.5k NOK → -122.5k NOK (equity ratio -2.6% → -20.1%). Calculated
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↓
COGS moved
COGS / varekostnad 607.6k NOK → 894.2k NOK (+47.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation