Org.nr 920 569 072 2022 → 2023 Year-over-year analysis

ABBE EIENDOM AS: årsregnskap 2023 vs 2022

Grew 14% on revenue, slipped into loss

approved 2024-06-11; registry 2024-06-22; journal 2024 531272

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABBE EIENDOM AS. Revenue 279 NOK → 319 NOK (+14.3%). Net result +45.4k NOK → -7 255 NOK. Equity 138.7k NOK → 131.5k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBE EIENDOM AS.

Scorecard

Revenue
279 NOK 319 NOK
+14.3%
Operating result
+189.3k NOK +143.1k NOK
-24.4%
Net result
+45.4k NOK -7 255 NOK
-116.0%
Equity
138.7k NOK 131.5k NOK
-5.2%
Cash
21.3k NOK 34.8k NOK
+63.1%
Total assets
3.28m NOK 3.22m NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 279 NOK to 319 NOK (+14.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 21.3k NOK → 34.8k NOK (+63.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +189.3k NOK → +143.1k NOK (op. margin 67844.1% → 44847.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 45.4k NOK profit to a loss of 7 255 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 138.7k NOK → 131.5k NOK (equity ratio 4.2% → 4.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.03× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation