Org.nr 968 913 468 2022 → 2023 Year-over-year analysis

ABAS AS: årsregnskap 2023 vs 2022

Shrank 22% on revenue, slipped into loss

approved 2024-06-12; registry 2024-06-19; journal 2024 520368

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABAS AS. Revenue 3.21m NOK → 2.51m NOK (-21.8%). Net result +33.1k NOK → -113.3k NOK. Equity 10.56m NOK → 445.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
3.21m NOK 2.51m NOK
-21.8%
Operating result
+31.0k NOK -97.3k NOK
-413.5%
Net result
+33.1k NOK -113.3k NOK
-441.9%
Equity
10.56m NOK 445.5k NOK
-95.8%
Cash
226.1k NOK 132.8k NOK
-41.3%
Total assets
1.66m NOK 1.36m NOK
-18.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.90m NOK → 634.6k NOK (90% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.21m NOK to 2.51m NOK (-21.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +31.0k NOK → -97.3k NOK (op. margin 1.0% → -3.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 33.1k NOK profit to a loss of 113.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.56m NOK → 445.5k NOK (equity ratio 634.5% → 32.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 226.1k NOK → 132.8k NOK (-41.3% YoY). Calculated