FirmaIQ
Org.nr 925 885 304 2022 → 2023 Year-over-year analysis

ABACUS SOFTWARE AS: årsregnskap 2023 vs 2022

Grew 85% on revenue, stronger earnings

approved 2024-06-10; registry 2024-06-20; journal 2024 526293

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABACUS SOFTWARE AS. Revenue 154.8k NOK → 286.6k NOK (+85.2%). Net result -364.5k NOK → -284.7k NOK. Equity 2.67m NOK → 2.38m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
154.8k NOK 286.6k NOK
+85.2%
Operating result
-322.8k NOK -240.6k NOK
+25.5%
Net result
-364.5k NOK -284.7k NOK
+21.9%
Equity
2.67m NOK 2.38m NOK
-10.7%
Cash
52.4k NOK 29.3k NOK
-44.2%
Total assets
4.82m NOK 4.45m NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 154.8k NOK to 286.6k NOK (+85.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -322.8k NOK → -240.6k NOK (op. margin -208.6% → -83.9%). Calculated

  • ↑

    Net result improved

    Net result -364.5k NOK → -284.7k NOK (net margin -235.5% → -99.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.67m NOK → 2.38m NOK (equity ratio 55.3% → 53.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 52.4k NOK → 29.3k NOK (-44.2% YoY). Calculated