Org.nr 916 993 579 2023 → 2024 Year-over-year analysis

ABBI AS: årsregnskap 2024 vs 2023

Grew 2891% on revenue, stronger earnings, cash halved-plus

approved 2025-06-30; registry 2025-07-22; journal 2025 695922

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABBI AS. Revenue 56.8k NOK → 1.70m NOK (+2891.2%). Net result +630.7k NOK → +758.8k NOK. Equity 439.0k NOK → 2.20m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ABBI AS.

Scorecard

Revenue
56.8k NOK 1.70m NOK
+2891.2%
Operating result
+781.3k NOK +998.4k NOK
+27.8%
Net result
+630.7k NOK +758.8k NOK
+20.3%
Equity
439.0k NOK 2.20m NOK
+400.6%
Cash
1.95m NOK 196.4k NOK
-89.9%
Total assets
2.08m NOK 8.12m NOK
+289.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 56.8k NOK to 1.70m NOK (+2891.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +781.3k NOK → +998.4k NOK (op. margin 1376.3% → 58.8%). Calculated

  • ↑

    Net result improved

    Net result +630.7k NOK → +758.8k NOK (net margin 1111.0% → 44.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 439.0k NOK → 2.20m NOK (equity ratio 21.1% → 27.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.95m NOK → 196.4k NOK (-89.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.05× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.95m NOK → 196.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 134.9k NOK → 455.9k NOK (+238.0% YoY). Calculated