FirmaIQ
Org.nr 919 785 640 2021 → 2022 Year-over-year analysis

ABV AS: årsregnskap 2022 vs 2021

Shrank 7% on revenue, weaker earnings

approved 2023-03-18; registry 2023-03-21; journal 2023 330690

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABV AS. Revenue 57.33m NOK → 53.31m NOK (-7.0%). Net result +7.55m NOK → +4.22m NOK. Equity 4.55m NOK → 3.33m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABV AS.

At a glance

Scorecard

Revenue
57.33m NOK 53.31m NOK
-7.0%
Operating result
+10.07m NOK +5.85m NOK
-41.9%
Net result
+7.55m NOK +4.22m NOK
-44.1%
Equity
4.55m NOK 3.33m NOK
-26.8%
Cash
5.40m NOK 8.17m NOK
+51.2%
Total assets
19.96m NOK 20.82m NOK
+4.3%

What improved

  • ↑

    Cash rose

    Bank deposits 5.40m NOK → 8.17m NOK (+51.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 26.56m NOK → 25.06m NOK (46% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 57.33m NOK to 53.31m NOK (-7.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.07m NOK → +5.85m NOK (op. margin 17.6% → 11.0%). Calculated

  • ↓

    Net result weakened

    Net result +7.55m NOK → +4.22m NOK (net margin 13.2% → 7.9%). Calculated

  • ↓

    Equity eroded

    Book equity 4.55m NOK → 3.33m NOK (equity ratio 22.8% → 16.0%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 14.37m NOK → 14.76m NOK (+2.8% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 23 → 22. Reported fact