Org.nr 997 129 180 2021 → 2022 Year-over-year analysis

ABVK HOLDING AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-04-17; registry 2023-04-22; journal 2023 360445

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABVK HOLDING AS. Net result +7.24m NOK → +781.5k NOK. Equity 8.25m NOK → 1.73m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABVK HOLDING AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-17.6k NOK -18.5k NOK

-5.3%

Net result

+7.24m NOK +781.5k NOK

-89.2%

Equity

8.25m NOK 1.73m NOK

-79.0%

Cash

29.0k NOK 10.8k NOK

-62.7%

Total assets

11.25m NOK 4.03m NOK

-64.1%

↓
Operating result weakened

Operating result -17.6k NOK → -18.5k NOK. Calculated
↓
Net result weakened

Net result +7.24m NOK → +781.5k NOK. Calculated
↓
Equity eroded

Book equity 8.25m NOK → 1.73m NOK (equity ratio 73.3% → 42.9%). Calculated
↓
Cash fell

Bank deposits 29.0k NOK → 10.8k NOK (-62.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.43× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Paid-in equity reduced

Paid-in equity fell 432.6k NOK → 199.6k NOK — check capital reduction, conversion, or reclassification. Interpretation