FirmaIQ
Org.nr 987 245 700 2021 → 2022 Year-over-year analysis

ABYSS AKVASERVICE AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-06-23; registry 2023-07-22; journal 2023 601232

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ABYSS AKVASERVICE AS. Revenue 2.26bn NOK → 2.29bn NOK (+1.4%). Net result +33.70m NOK → +20.26m NOK. Equity 15.18bn NOK → 15.19bn NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.

At a glance

Scorecard

Revenue
2.26bn NOK 2.29bn NOK
+1.4%
Operating result
+45.93m NOK +31.89m NOK
-30.6%
Net result
+33.70m NOK +20.26m NOK
-39.9%
Equity
15.18bn NOK 15.19bn NOK
+0.0%
Cash
4.38m NOK 27.04m NOK
+517.3%
Total assets
479.06m NOK 494.07m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.26bn NOK to 2.29bn NOK (+1.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 15.18bn NOK → 15.19bn NOK (equity ratio 3169.3% → 3074.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.38m NOK → 27.04m NOK (+517.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +45.93m NOK → +31.89m NOK (op. margin 2.0% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +33.70m NOK → +20.26m NOK (net margin 1.5% → 0.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.08× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 97.27m NOK → 5.11bn NOK (4% → 223% of revenue). Calculated