FirmaIQ
Org.nr 964 091 277 2022 → 2023 Year-over-year analysis

ABACUS RATIO AS: årsregnskap 2023 vs 2022

Grew 30% on revenue, stronger earnings

approved 2024-01-26; registry 2024-02-19; journal 2024 307914

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABACUS RATIO AS. Revenue 20.48m NOK → 26.55m NOK (+29.6%). Net result +2.86m NOK → +4.88m NOK. Equity 2.50m NOK → 4.38m NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABACUS RATIO AS.

At a glance

Scorecard

Revenue
20.48m NOK 26.55m NOK
+29.6%
Operating result
+3.69m NOK +6.28m NOK
+70.4%
Net result
+2.86m NOK +4.88m NOK
+70.9%
Equity
2.50m NOK 4.38m NOK
+75.1%
Cash
976.1k NOK 700.0k NOK
-28.3%
Total assets
10.24m NOK 15.18m NOK
+48.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.48m NOK to 26.55m NOK (+29.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.69m NOK → +6.28m NOK (op. margin 18.0% → 23.7%). Calculated

  • ↑

    Net result improved

    Net result +2.86m NOK → +4.88m NOK (net margin 13.9% → 18.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.50m NOK → 4.38m NOK (equity ratio 24.4% → 28.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 976.1k NOK → 700.0k NOK (-28.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.14m NOK → 11.91m NOK (54% → 45% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 866.6k NOK → 912.1k NOK (+5.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 17 → 16.5. Reported fact