FirmaIQ
Org.nr 990 648 506 2023 → 2024 Year-over-year analysis

ABAN INTERNATIONAL NORWAY AS: årsregnskap 2024 vs 2023

Cash halved-plus

approved 2024-09-13; registry 2024-09-23; journal 2024 749067

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ABAN INTERNATIONAL NORWAY AS. Net result -3.03m NOK → -2.60m NOK. Equity -122.16m NOK → -124.76m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.

At a glance

Scorecard

Operating result
-143.0k NOK -96.0k NOK
+32.9%
Net result
-3.03m NOK -2.60m NOK
+14.3%
Equity
-122.16m NOK -124.76m NOK
-2.1%
Cash
241.0k NOK 28.0k NOK
-88.4%
Total assets
48.20m NOK 47.98m NOK
-0.4%

What improved

  • ↑

    Operating result improved

    Operating result -143.0k NOK → -96.0k NOK. Calculated

  • ↑

    Net result improved

    Net result -3.03m NOK → -2.60m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -122.16m NOK → -124.76m NOK (equity ratio -253.5% → -260.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 241.0k NOK → 28.0k NOK (-88.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.41× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -260.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation