AIBEL AS: årsregnskap 2022 vs 2021
Shrank 11% on revenue, stronger earnings, cash halved-plus
approved 2023-02-15; registry 2023-08-08; journal 2023 658901
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIBEL AS. Revenue 12.18bn NOK → 10.86bn NOK (-10.8%). Net result +266.4k NOK → +704.3k NOK. Equity 1.53bn NOK → 1.93bn NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIBEL AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +344.1k NOK → +1.01m NOK (op. margin 0.0% → 0.0%). Calculated
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Net result improved
Net result +266.4k NOK → +704.3k NOK (net margin 0.0% → 0.0%). Calculated
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Equity strengthened
Book equity 1.53bn NOK → 1.93bn NOK (equity ratio 19.6% → 21.8%). Calculated
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Payroll decreased
Salary cost 5.83bn NOK → 5.25bn NOK (48% → 48% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.18bn NOK to 10.86bn NOK (-10.8% YoY). Calculated
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Cash fell
Bank deposits 478.94m NOK → 1.05m NOK (-99.8% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (478.94m NOK → 1.05m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 5.07bn NOK → 3.85bn NOK (-24.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 60.74m NOK → 60.71m NOK. Reported fact