ABANTI AS: årsregnskap 2023 vs 2022
Shrank 29% on revenue, stronger earnings
approved 2024-03-27; registry 2024-04-02; journal 2024 342502
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABANTI AS. Revenue 1.90m NOK → 1.36m NOK (-28.5%). Net result -181.5k NOK → -143.1k NOK. Equity -263.5k NOK → -406.6k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABANTI AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -178.2k NOK → -75.3k NOK (op. margin -9.4% → -5.5%). Calculated
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Net result improved
Net result -181.5k NOK → -143.1k NOK (net margin -9.5% → -10.5%). Calculated
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Payroll decreased
Salary cost 581.6k NOK → 199.6k NOK (31% → 15% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.90m NOK to 1.36m NOK (-28.5% YoY). Calculated
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Equity eroded
Book equity -263.5k NOK → -406.6k NOK (equity ratio -55.0% → -121.5%). Calculated
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Cash fell
Bank deposits 130.6k NOK → 91.8k NOK (-29.7% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.04× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -121.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 743.4k NOK → 666.3k NOK (-10.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact