ABA ELEKTRO AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
registry 2024-09-04; journal 2024 740854
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABA ELEKTRO AS. Revenue 7.27m NOK → 7.40m NOK (+1.9%). Net result +268.6k NOK → +133.7k NOK. Equity 1.31m NOK → 1.44m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABA ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.27m NOK to 7.40m NOK (+1.9% YoY). Calculated
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↑
Equity strengthened
Book equity 1.31m NOK → 1.44m NOK (equity ratio 46.6% → 43.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +369.4k NOK → +207.5k NOK (op. margin 5.1% → 2.8%). Calculated
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↓
Net result weakened
Net result +268.6k NOK → +133.7k NOK (net margin 3.7% → 1.8%). Calculated
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↓
Cash fell
Bank deposits 487.4k NOK → 30.5k NOK (-93.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.11m NOK → 2.47m NOK (-20.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 917.8k NOK → 501.5k NOK. Reported fact