Org.nr 917 953 198 2023 → 2024 Year-over-year analysis

ABATE AS: årsregnskap 2024 vs 2023

Shrank 16% on revenue, stronger earnings

registry 2025-07-08; journal 2025 641739

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABATE AS. Revenue 8.03m NOK → 6.73m NOK (-16.2%). Net result +592.7k NOK → +956.5k NOK. Equity 3.77m NOK → 4.02m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABATE AS.

Scorecard

Revenue
8.03m NOK 6.73m NOK
-16.2%
Operating result
+1.04m NOK +1.17m NOK
+12.7%
Net result
+592.7k NOK +956.5k NOK
+61.4%
Equity
3.77m NOK 4.02m NOK
+6.8%
Cash
2.29m NOK 2.50m NOK
+8.8%
Total assets
6.17m NOK 6.30m NOK
+2.2%

What improved

  • ↑

    Operating result improved

    Operating result +1.04m NOK → +1.17m NOK (op. margin 13.0% → 17.4%). Calculated

  • ↑

    Net result improved

    Net result +592.7k NOK → +956.5k NOK (net margin 7.4% → 14.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.77m NOK → 4.02m NOK (equity ratio 61.1% → 63.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.29m NOK → 2.50m NOK (+8.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.03m NOK to 6.73m NOK (-16.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 5 368 NOK (0% → 0% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.52m NOK → 2.45m NOK (-30.4% YoY). Calculated