Org.nr 911 670 674 2022 → 2023 Year-over-year analysis

ABBAS EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, returned to profit

approved 2024-03-08; registry 2024-03-11; journal 2024 324778

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABBAS EIENDOM AS. Revenue 943.3k NOK → 1 190 NOK (-99.9%). Net result -534.9k NOK → +23.1k NOK. Equity 656.9k NOK → 680.0k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

Scorecard

Revenue
943.3k NOK 1 190 NOK
-99.9%
Operating result
-673.4k NOK +31.0k NOK
+104.6%
Net result
-534.9k NOK +23.1k NOK
+104.3%
Equity
656.9k NOK 680.0k NOK
+3.5%
Cash
28.8k NOK 33.1k NOK
+15.2%
Total assets
917.7k NOK 694.6k NOK
-24.3%

What improved

  • ↑

    Operating result improved

    Operating result -673.4k NOK → +31.0k NOK (op. margin -71.4% → 2602.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 534.9k NOK to a profit of 23.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 656.9k NOK → 680.0k NOK (equity ratio 71.6% → 97.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 28.8k NOK → 33.1k NOK (+15.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 943.3k NOK to 1 190 NOK (-99.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 434.0k NOK → 1.13m NOK (+161.3% YoY). Calculated