Org.nr 991 729 666 2022 → 2023 Year-over-year analysis

ABBOTT MEDICAL NORWAY AS: årsregnskap 2023 vs 2022

Grew 18% on revenue, stronger earnings

approved 2024-06-21; registry 2024-07-01; journal 2024 554364

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABBOTT MEDICAL NORWAY AS. Revenue 140.29m NOK → 165.88m NOK (+18.2%). Net result +3.17m NOK → +4.36m NOK. Equity 24.81m NOK → 29.17m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABBOTT MEDICAL NORWAY AS.

Scorecard

Revenue
140.29m NOK 165.88m NOK
+18.2%
Operating result
+4.10m NOK +5.35m NOK
+30.5%
Net result
+3.17m NOK +4.36m NOK
+37.6%
Equity
24.81m NOK 29.17m NOK
+17.6%
Cash
12.02m NOK 15.05m NOK
+25.2%
Total assets
57.51m NOK 58.24m NOK
+1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 140.29m NOK to 165.88m NOK (+18.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.10m NOK → +5.35m NOK (op. margin 2.9% → 3.2%). Calculated

  • ↑

    Net result improved

    Net result +3.17m NOK → +4.36m NOK (net margin 2.3% → 2.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 24.81m NOK → 29.17m NOK (equity ratio 43.1% → 50.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.02m NOK → 15.05m NOK (+25.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 17.29m NOK → 19.24m NOK (12% → 12% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 107.03m NOK → 3.13bn NOK (+2822.4% YoY). Calculated