ADVANCED BYGG AS: årsregnskap 2022 vs 2021
Shrank 30% on revenue, weaker earnings, cash halved-plus
approved 2023-04-15; registry 2023-05-03; journal 2023 383511
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVANCED BYGG AS. Revenue 437.9k NOK → 308.6k NOK (-29.5%). Net result +114.2k NOK → +31.9k NOK. Equity 164.3k NOK → 196.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCED BYGG AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 164.3k NOK → 196.2k NOK (equity ratio 81.0% → 87.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 437.9k NOK to 308.6k NOK (-29.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +151.7k NOK → +48.8k NOK (op. margin 34.6% → 15.8%). Calculated
-
↓
Net result weakened
Net result +114.2k NOK → +31.9k NOK (net margin 26.1% → 10.3%). Calculated
-
↓
Cash fell
Bank deposits 92.9k NOK → 9 771 NOK (-89.5% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 189.5k NOK → 110.0k NOK (-42.0% YoY). Calculated