FirmaIQ
Org.nr 989 030 175 2022 → 2023 Year-over-year analysis

ABACO SHIPPING AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

approved 2024-06-12; registry 2024-06-26; journal 2024 531876

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABACO SHIPPING AS. Revenue 853.5k NOK → 853 NOK (-99.9%). Net result +6.26m NOK → +4.79m NOK. Equity 21.32m NOK → 26.11m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
853.5k NOK 853 NOK
-99.9%
Operating result
+271.2k NOK +898.6k NOK
+231.4%
Net result
+6.26m NOK +4.79m NOK
-23.6%
Equity
21.32m NOK 26.11m NOK
+22.4%
Cash
15.8k NOK 926.4k NOK
+5745.5%
Total assets
25.22m NOK 26.13m NOK
+3.6%

What improved

  • ↑

    Operating result improved

    Operating result +271.2k NOK → +898.6k NOK (op. margin 31.8% → 105347.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 21.32m NOK → 26.11m NOK (equity ratio 84.6% → 99.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 15.8k NOK → 926.4k NOK (+5745.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 45.24×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 853.5k NOK to 853 NOK (-99.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +6.26m NOK → +4.79m NOK (net margin 733.8% → 561042.8%). Calculated