FirmaIQ
Org.nr 917 432 945 2022 → 2023 Year-over-year analysis

ABBAS AS: årsregnskap 2023 vs 2022

Shrank 12% on revenue, weaker earnings

approved 2024-06-06; registry 2024-07-10; journal 2024 605544

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABBAS AS. Revenue 11.53m NOK → 10.14m NOK (-12.1%). Net result +736.7k NOK → +355.4k NOK. Equity 1.27m NOK → 1.62m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABBAS AS.

At a glance

Scorecard

Revenue
11.53m NOK 10.14m NOK
-12.1%
Operating result
+943.6k NOK +441.9k NOK
-53.2%
Net result
+736.7k NOK +355.4k NOK
-51.8%
Equity
1.27m NOK 1.62m NOK
+28.1%
Cash
2.77m NOK 2.48m NOK
-10.5%
Total assets
3.26m NOK 3.58m NOK
+9.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.27m NOK → 1.62m NOK (equity ratio 38.9% → 45.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.56m NOK → 2.56m NOK (31% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.53m NOK to 10.14m NOK (-12.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +943.6k NOK → +441.9k NOK (op. margin 8.2% → 4.4%). Calculated

  • ↓

    Net result weakened

    Net result +736.7k NOK → +355.4k NOK (net margin 6.4% → 3.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.77m NOK → 2.48m NOK (-10.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.20m NOK → 2.93m NOK (-8.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 4. Reported fact