Org.nr 933 783 405 2023 → 2024 Year-over-year analysis

ABBOTT RAPID DIAGNOSTICS AS: årsregnskap 2024 vs 2023

Shrank 21% on revenue, stronger earnings, cash halved-plus

registry 2025-08-20; journal 2025 748516

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABBOTT RAPID DIAGNOSTICS AS. Revenue 332.58m NOK → 263.72m NOK (-20.7%). Net result +8.32m NOK → +11.24m NOK. Equity 214.14m NOK → 134.38m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBOTT RAPID DIAGNOSTICS AS.

Scorecard

Revenue
332.58m NOK 263.72m NOK
-20.7%
Operating result
+6.95m NOK +8.57m NOK
+23.3%
Net result
+8.32m NOK +11.24m NOK
+35.0%
Equity
214.14m NOK 134.38m NOK
-37.2%
Cash
7.55m NOK 3.12m NOK
-58.7%
Total assets
238.37m NOK 147.00m NOK
-38.3%

What improved

  • ↑

    Operating result improved

    Operating result +6.95m NOK → +8.57m NOK (op. margin 2.1% → 3.2%). Calculated

  • ↑

    Net result improved

    Net result +8.32m NOK → +11.24m NOK (net margin 2.5% → 4.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 56.27m NOK → 38.63m NOK (17% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 332.58m NOK to 263.72m NOK (-20.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 214.14m NOK → 134.38m NOK (equity ratio 89.8% → 91.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.55m NOK → 3.12m NOK (-58.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 212.66m NOK → 170.91m NOK (-19.6% YoY). Calculated