Org.nr 910 301 268 2022 → 2023 Year-over-year analysis

ABBH AS: årsregnskap 2023 vs 2022

Shrank 81% on revenue, returned to profit

approved 2024-01-30; registry 2024-05-28; journal 2024 386220

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABBH AS. Revenue 863.0k NOK → 167.5k NOK (-80.6%). Net result -2.01m NOK → +70.85m NOK. Equity 24.09m NOK → 12.18m NOK.

On the constructive side: operating result improved; turned profitable; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABBH AS.

Scorecard

Revenue
863.0k NOK 167.5k NOK
-80.6%
Operating result
-4.11m NOK -2.22m NOK
+45.9%
Net result
-2.01m NOK +70.85m NOK
+3617.8%
Equity
24.09m NOK 12.18m NOK
-49.4%
Cash
12.74m NOK 12.32m NOK
-3.3%
Total assets
88.25m NOK 12.60m NOK
-85.7%

What improved

  • ↑

    Operating result improved

    Operating result -4.11m NOK → -2.22m NOK (op. margin -476.0% → -1325.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.01m NOK to a profit of 70.85m NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.02m NOK → 1.25m NOK (350% → 744% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 863.0k NOK to 167.5k NOK (-80.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 24.09m NOK → 12.18m NOK (equity ratio 27.3% → 96.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.74m NOK → 12.32m NOK (-3.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 24.09m NOK → 12.18m NOK — check capital reduction, conversion, or reclassification. Interpretation