Org.nr 923 558 500 2022 → 2023 Year-over-year analysis

ABACCO AS: årsregnskap 2023 vs 2022

Shrank 24% on revenue, slipped into loss

approved 2024-02-07; registry 2024-02-26; journal 2024 311713

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABACCO AS. Revenue 91.3k NOK → 69.0k NOK (-24.4%). Net result +9 482 NOK → -11.2k NOK. Equity 64.9k NOK → 53.7k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
91.3k NOK 69.0k NOK
-24.4%
Operating result
+11.7k NOK -11.8k NOK
-200.9%
Net result
+9 482 NOK -11.2k NOK
-218.5%
Equity
64.9k NOK 53.7k NOK
-17.3%
Cash
60.3k NOK 54.5k NOK
-9.6%
Total assets
76.5k NOK 54.5k NOK
-28.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.62m NOK → 2 NOK (3966% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 91.3k NOK to 69.0k NOK (-24.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +11.7k NOK → -11.8k NOK (op. margin 12.8% → -17.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9 482 NOK profit to a loss of 11.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 64.9k NOK → 53.7k NOK (equity ratio 84.8% → 98.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 60.3k NOK → 54.5k NOK (-9.6% YoY). Calculated