Org.nr 940 106 966 2022 → 2023 Year-over-year analysis

Abacus Consult AS: årsregnskap 2023 vs 2022

Shrank 39% on revenue, slipped into loss

approved 2024-06-21; registry 2024-06-25; journal 2024 543427

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for Abacus Consult AS. Revenue 516.8k NOK → 317.7k NOK (-38.5%). Net result +231.5k NOK → -1.50m NOK. Equity 5.23m NOK → 3.73m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for Abacus Consult AS.

Scorecard

Revenue
516.8k NOK 317.7k NOK
-38.5%
Operating result
+350.7k NOK +992.4k NOK
+182.9%
Net result
+231.5k NOK -1.50m NOK
-747.9%
Equity
5.23m NOK 3.73m NOK
-28.7%
Cash
259.4k NOK 336.7k NOK
+29.8%
Total assets
6.00m NOK 5.13m NOK
-14.5%

What improved

  • ↑

    Operating result improved

    Operating result +350.7k NOK → +992.4k NOK (op. margin 67.9% → 312.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 259.4k NOK → 336.7k NOK (+29.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 516.8k NOK to 317.7k NOK (-38.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 231.5k NOK profit to a loss of 1.50m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.23m NOK → 3.73m NOK (equity ratio 87.2% → 72.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.73× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.21m NOK → 611.5k NOK. Reported fact