Org.nr 995 833 891 2021 → 2022 Year-over-year analysis

ABU ENTREPRENØR AS: årsregnskap 2022 vs 2021

Grew 11% on revenue, returned to profit, cash halved-plus

approved 2023-07-06; registry 2023-07-24; journal 2023 602894

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABU ENTREPRENØR AS. Revenue 2.59m NOK → 2.86m NOK (+10.6%). Net result -1.26m NOK → +306.8k NOK. Equity -1.11m NOK → 2.20m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABU ENTREPRENØR AS.

Scorecard

Revenue
2.59m NOK 2.86m NOK
+10.6%
Operating result
-1.24m NOK +589.0k NOK
+147.5%
Net result
-1.26m NOK +306.8k NOK
+124.4%
Equity
-1.11m NOK 2.20m NOK
+297.5%
Cash
103.2k NOK 39.3k NOK
-61.9%
Total assets
392.0k NOK 11.86m NOK
+2926.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.59m NOK to 2.86m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.24m NOK → +589.0k NOK (op. margin -47.9% → 20.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.26m NOK to a profit of 306.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.11m NOK → 2.20m NOK (equity ratio -283.6% → 18.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.95m NOK → 1.07m NOK (114% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 103.2k NOK → 39.3k NOK (-61.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 104.9k NOK → 115.0k NOK (+9.6% YoY). Calculated