Org.nr 997 745 051 2021 → 2022 Year-over-year analysis

ABZINT FRISØR AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, returned to profit, cash halved-plus

approved 2023-10-31; registry 2023-11-02; journal 2023 736381

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABZINT FRISØR AS. Revenue 1.34m NOK → 1.55m NOK (+15.3%). Net result -448.5k NOK → +169.2k NOK. Equity -737.6k NOK → -568.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ABZINT FRISØR AS.

Scorecard

Revenue
1.34m NOK 1.55m NOK
+15.3%
Operating result
-229.8k NOK +289.3k NOK
+225.9%
Net result
-448.5k NOK +169.2k NOK
+137.7%
Equity
-737.6k NOK -568.4k NOK
+22.9%
Cash
124.0k NOK 49.0k NOK
-60.5%
Total assets
229.0k NOK 151.2k NOK
-34.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.34m NOK to 1.55m NOK (+15.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -229.8k NOK → +289.3k NOK (op. margin -17.1% → 18.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 448.5k NOK to a profit of 169.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -737.6k NOK → -568.4k NOK (equity ratio -322.0% → -375.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 124.0k NOK → 49.0k NOK (-60.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -375.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.00m NOK → 1.62m NOK (75% → 105% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2 850 NOK → 0 NOK. Reported fact