ABACUS IT AS: årsregnskap 2023 vs 2022
Grew 31% on revenue, weaker earnings
approved 2024-06-17; registry 2024-07-20; journal 2024 588662
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABACUS IT AS. Revenue 134.81m NOK → 177.00m NOK (+31.3%). Net result +6.81m NOK → +5.06m NOK. Equity 25.33m NOK → 27.83m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACUS IT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 134.81m NOK to 177.00m NOK (+31.3% YoY). Calculated
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↑
Equity strengthened
Book equity 25.33m NOK → 27.83m NOK (equity ratio 34.7% → 28.0%). Calculated
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↑
Cash rose
Bank deposits 4.63m NOK → 4.89m NOK (+5.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +5.10m NOK → +3.39m NOK (op. margin 3.8% → 1.9%). Calculated
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↓
Net result weakened
Net result +6.81m NOK → +5.06m NOK (net margin 5.1% → 2.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 78.39m NOK → 2.11bn NOK (58% → 1193% of revenue). Calculated
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COGS moved
COGS / varekostnad 32.02m NOK → 51.73m NOK (+61.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 24.85m NOK → 35.40m NOK. Reported fact