Org.nr 922 768 153 2021 → 2022 Year-over-year analysis

ABU AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-03-24; registry 2023-04-15; journal 2023 352530

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABU AS. Revenue 349.8k NOK → 344.8k NOK (-1.4%). Net result -57.3k NOK → -138.8k NOK. Equity -84.9k NOK → -183.1k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABU AS.

Scorecard

Revenue
349.8k NOK 344.8k NOK
-1.4%
Operating result
+76.3k NOK +86.7k NOK
+13.6%
Net result
-57.3k NOK -138.8k NOK
-142.5%
Equity
-84.9k NOK -183.1k NOK
-115.8%
Cash
110.5k NOK 58.9k NOK
-46.7%
Total assets
9.24m NOK 9.13m NOK
-1.1%

What improved

  • ↑

    Operating result improved

    Operating result +76.3k NOK → +86.7k NOK (op. margin 21.8% → 25.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 349.8k NOK to 344.8k NOK (-1.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result -57.3k NOK → -138.8k NOK (net margin -16.4% → -40.3%). Calculated

  • ↓

    Equity eroded

    Book equity -84.9k NOK → -183.1k NOK (equity ratio -0.9% → -2.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 110.5k NOK → 58.9k NOK (-46.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation