ABAN INTERNATIONAL NORWAY AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
approved 2023-09-29; registry 2023-10-11; journal 2023 733899
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABAN INTERNATIONAL NORWAY AS. Net result -4.49m NOK → -3.03m NOK. Equity -119.13m NOK → -122.16m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -234.0k NOK → -143.0k NOK. Calculated
-
↑
Net result improved
Net result -4.49m NOK → -3.03m NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -119.13m NOK → -122.16m NOK (equity ratio -244.7% → -253.5%). Calculated
-
↓
Cash fell
Bank deposits 729.0k NOK → 241.0k NOK (-66.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -253.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation