ABBA HOLDING AS: årsregnskap 2023 vs 2022
Grew 3668% on revenue, slipped into loss, cash halved-plus
approved 2024-06-28; registry 2024-07-06; journal 2024 585155
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABBA HOLDING AS. Revenue 346.3k NOK → 13.05m NOK (+3668.4%). Net result +1.71m NOK → -127.0k NOK. Equity 117.65m NOK → 101.08m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for ABBA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 346.3k NOK to 13.05m NOK (+3668.4% YoY). Calculated
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Operating result improved
Operating result -690.0k NOK → +12.17m NOK (op. margin -199.3% → 93.3%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 1.71m NOK profit to a loss of 127.0k NOK. Calculated
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↓
Equity eroded
Book equity 117.65m NOK → 101.08m NOK. Calculated
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↓
Cash fell
Bank deposits 15.06m NOK → 2.05m NOK (-86.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (15.06m NOK → 2.05m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 285.2k NOK → 570.5k NOK (82% → 4% of revenue). Calculated
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Book investments changed
Investment / intangible book value 58.27m NOK → 44.39m NOK. Reported fact