ABBE AS: årsregnskap 2023 vs 2022
Grew 331% on revenue, stronger earnings
approved 2024-04-17; registry 2024-05-29; journal 2024 456231
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABBE AS. Revenue 66.0k NOK → 284.2k NOK (+330.6%). Net result -165.1k NOK → -48.5k NOK. Equity -76.8k NOK → -125.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 66.0k NOK to 284.2k NOK (+330.6% YoY). Calculated
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Operating result improved
Operating result -165.1k NOK → -48.5k NOK (op. margin -250.1% → -17.1%). Calculated
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Net result improved
Net result -165.1k NOK → -48.5k NOK (net margin -250.1% → -17.1%). Calculated
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Cash rose
Bank deposits 12.5k NOK → 44.2k NOK (+254.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.05× → 6.83×. Calculated
What deteriorated
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↓
Equity eroded
Book equity -76.8k NOK → -125.3k NOK (equity ratio -10.8% → -13.8%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -13.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation