Org.nr 927 408 627 2022 → 2023 Year-over-year analysis

ABB E-MOBILITY AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

registry 2024-07-10; journal 2024 609727

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABB E-MOBILITY AS. Revenue 1.17bn NOK → 1.11m NOK (-99.9%). Net result -6.83m NOK → -14.24m NOK. Equity 68.16m NOK → 55.41m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABB E-MOBILITY AS.

Scorecard

Revenue
1.17bn NOK 1.11m NOK
-99.9%
Operating result
-7.84m NOK -17.60m NOK
-124.4%
Net result
-6.83m NOK -14.24m NOK
-108.3%
Equity
68.16m NOK 55.41m NOK
-18.7%
Cash
n/m 0 NOK
—
Total assets
141.29m NOK 192.2k NOK
-99.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.17bn NOK to 1.11m NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -7.84m NOK → -17.60m NOK (op. margin -0.7% → -1585.0%). Calculated

  • ↓

    Net result weakened

    Net result -6.83m NOK → -14.24m NOK (net margin -0.6% → -1282.2%). Calculated

  • ↓

    Equity eroded

    Book equity 68.16m NOK → 55.41m NOK (equity ratio 48.2% → 28827.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 14.28m NOK → 17.64m NOK (1% → 1589% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.16bn NOK → 70.63m NOK (-97.8% YoY). Calculated