Org.nr 998 085 497 2022 → 2023 Year-over-year analysis

ABBVIE AS: årsregnskap 2023 vs 2022

Grew 43% on revenue, stronger earnings

approved 2024-06-27; registry 2024-07-06; journal 2024 580371

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABBVIE AS. Revenue 328.52m NOK → 469.44m NOK (+42.9%). Net result +19.14m NOK → +25.92m NOK. Equity 106.00m NOK → 131.92m 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 ABBVIE AS.

Scorecard

Revenue
328.52m NOK 469.44m NOK
+42.9%
Operating result
+23.59m NOK +28.51m NOK
+20.9%
Net result
+19.14m NOK +25.92m NOK
+35.5%
Equity
106.00m NOK 131.92m NOK
+24.5%
Total assets
229.84m NOK 244.63m NOK
+6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 328.52m NOK to 469.44m NOK (+42.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.59m NOK → +28.51m NOK (op. margin 7.2% → 6.1%). Calculated

  • ↑

    Net result improved

    Net result +19.14m NOK → +25.92m NOK (net margin 5.8% → 5.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 106.00m NOK → 131.92m NOK (equity ratio 46.1% → 53.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 41.32m NOK → 41.32m NOK (+1 701 NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 97.89m NOK → 98.96m NOK (30% → 21% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 150.68m NOK → 255.08m NOK (+69.3% YoY). Calculated