Org.nr 999 529 593 2021 → 2022 Year-over-year analysis

ABYSS ASSETS AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, slipped into loss

approved 2023-06-29; registry 2023-07-17; journal 2023 585352

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABYSS ASSETS AS. Revenue 196.3k NOK → 178.5k NOK (-9.0%). Net result +6 170 NOK → -235.8k NOK. Equity 2.55m NOK → 2.31m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABYSS ASSETS AS.

Scorecard

Revenue
196.3k NOK 178.5k NOK
-9.0%
Operating result
-24 NOK -224.4k NOK
-934870.8%
Net result
+6 170 NOK -235.8k NOK
-3921.4%
Equity
2.55m NOK 2.31m NOK
-9.2%
Cash
2.28m NOK 2.18m NOK
-4.5%
Total assets
2.79m NOK 2.51m NOK
-10.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 196.3k NOK to 178.5k NOK (-9.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -24 NOK → -224.4k NOK (op. margin -0.0% → -125.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 6 170 NOK profit to a loss of 235.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.55m NOK → 2.31m NOK (equity ratio 91.4% → 92.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.28m NOK → 2.18m NOK (-4.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.20m NOK → 1 786 NOK (-99.9% YoY). Calculated