Org.nr 987 097 876 2021 → 2022 Year-over-year analysis

ABYSS AS: årsregnskap 2022 vs 2021

Grew 29% on revenue, returned to profit, fresh owner capital

registry 2023-07-17; journal 2023 585343

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABYSS AS. Revenue 193.95m NOK → 250.33m NOK (+29.1%). Net result -5.11m NOK → +23.28m NOK. Equity 51.77m NOK → 77.81m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABYSS AS.

Scorecard

Revenue
193.95m NOK 250.33m NOK
+29.1%
Operating result
+5.21m NOK +50.84m NOK
+876.3%
Net result
-5.11m NOK +23.28m NOK
+555.6%
Equity
51.77m NOK 77.81m NOK
+50.3%
Cash
2.61m NOK 2.96m NOK
+13.6%
Total assets
464.00m NOK 653.77m NOK
+40.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 193.95m NOK to 250.33m NOK (+29.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.21m NOK → +50.84m NOK (op. margin 2.7% → 20.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5.11m NOK to a profit of 23.28m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 51.77m NOK → 77.81m NOK (equity ratio 11.2% → 11.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.61m NOK → 2.96m NOK (+13.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 61.37m NOK → 62.08m NOK (32% → 25% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 45.52m NOK → 47.26m NOK (+3.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.65m NOK → 1.76m NOK. Reported fact