Org.nr 994 014 161 2023 → 2024 Year-over-year analysis

ABACUS NORGE AS: årsregnskap 2024 vs 2023

Shrank 22% on revenue, weaker earnings

approved 2025-02-20; registry 2025-02-27; journal 2025 318210

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABACUS NORGE AS. Revenue 4.10m NOK → 3.20m NOK (-22.1%). Net result +527.9k NOK → +236.8k NOK. Equity 834.5k NOK → 71.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACUS NORGE AS.

Scorecard

Revenue
4.10m NOK 3.20m NOK
-22.1%
Operating result
+669.3k NOK +262.6k NOK
-60.8%
Net result
+527.9k NOK +236.8k NOK
-55.1%
Equity
834.5k NOK 71.3k NOK
-91.5%
Cash
586.2k NOK 521.1k NOK
-11.1%
Total assets
1.86m NOK 1.97m NOK
+5.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.10m NOK to 3.20m NOK (-22.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +669.3k NOK → +262.6k NOK (op. margin 16.3% → 8.2%). Calculated

  • ↓

    Net result weakened

    Net result +527.9k NOK → +236.8k NOK (net margin 12.9% → 7.4%). Calculated

  • ↓

    Equity eroded

    Book equity 834.5k NOK → 71.3k NOK (equity ratio 44.8% → 3.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 586.2k NOK → 521.1k NOK (-11.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation