Org.nr 919 948 841 2022 → 2023 Year-over-year analysis

ABBADY BYGGER UTEN GRENSER AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

registry 2024-08-07; journal 2024 719584

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABBADY BYGGER UTEN GRENSER AS. Revenue 226.5k NOK → 226 NOK (-99.9%). Net result -31.5k NOK → -183.6k NOK. Equity -406.3k NOK → -590.0k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABBADY BYGGER UTEN GRENSER AS.

Scorecard

Revenue
226.5k NOK 226 NOK
-99.9%
Operating result
-75.4k NOK -139.6k NOK
-85.1%
Net result
-31.5k NOK -183.6k NOK
-482.6%
Equity
-406.3k NOK -590.0k NOK
-45.2%
Cash
0 NOK 0 NOK
0.0%
Total assets
74.0k NOK 27.0k NOK
-63.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 226.5k NOK to 226 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -75.4k NOK → -139.6k NOK (op. margin -33.3% → -61784.1%). Calculated

  • ↓

    Net result weakened

    Net result -31.5k NOK → -183.6k NOK (net margin -13.9% → -81250.9%). Calculated

  • ↓

    Equity eroded

    Book equity -406.3k NOK → -590.0k NOK (equity ratio -549.1% → -2185.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2185.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 133.4k NOK → 133 NOK (-99.9% YoY). Calculated