ABBAS AS: årsregnskap 2024 vs 2023
Shrank 20% on revenue, stronger earnings
approved 2025-05-10; registry 2025-06-24; journal 2025 555417
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABBAS AS. Revenue 10.14m NOK → 8.12m NOK (-19.9%). Net result +355.4k NOK → +1.03m NOK. Equity 1.62m NOK → 2.51m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBAS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +355.4k NOK → +1.03m NOK (net margin 3.5% → 12.6%). Calculated
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↑
Equity strengthened
Book equity 1.62m NOK → 2.51m NOK (equity ratio 45.3% → 59.8%). Calculated
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↑
Cash rose
Bank deposits 2.48m NOK → 3.53m NOK (+42.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.56m NOK → 2.22m NOK (25% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.14m NOK to 8.12m NOK (-19.9% YoY). Calculated
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↓
Operating result weakened
Operating result +441.9k NOK → +249.0k NOK (op. margin 4.4% → 3.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.93m NOK → 2.30m NOK (-21.5% YoY). Calculated