ABB AS: årsregnskap 2024 vs 2023
Grew 13% on revenue, weaker earnings
approved 2025-03-19; registry 2025-04-10; journal 2025 371318
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABB AS. Revenue 7.28bn NOK → 8.19bn NOK (+12.6%). Net result +180.35m NOK → +636.3k NOK. Equity 13.69m NOK → 13.69m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.28bn NOK to 8.19bn NOK (+12.6% YoY). Calculated
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↑
Equity strengthened
Book equity 13.69m NOK → 13.69m NOK (equity ratio 0.3% → 0.2%). Calculated
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↑
Cash rose
Bank deposits 39.25m NOK → 52.49m NOK (+33.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +278.18m NOK → +787.2k NOK (op. margin 3.8% → 0.0%). Calculated
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↓
Net result weakened
Net result +180.35m NOK → +636.3k NOK (net margin 2.5% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3.55bn NOK → 3.73bn NOK (+5.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 14.4k NOK → 948.17m NOK. Reported fact