Org.nr 924 681 268 2022 → 2023 Year-over-year analysis

ABC BOLIG NORGE AS: årsregnskap 2023 vs 2022

Shrank 67% on revenue, weaker earnings, cash halved-plus

approved 2024-02-15; registry 2024-08-19; journal 2024 732013

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABC BOLIG NORGE AS. Revenue 466.4k NOK → 152.0k NOK (-67.4%). Net result +133.7k NOK → +59.7k NOK. Equity 268.3k NOK → 242.0k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC BOLIG NORGE AS.

Scorecard

Revenue
466.4k NOK 152.0k NOK
-67.4%
Operating result
+179.0k NOK +77.3k NOK
-56.8%
Net result
+133.7k NOK +59.7k NOK
-55.3%
Equity
268.3k NOK 242.0k NOK
-9.8%
Cash
841 NOK 0 NOK
-100.0%
Total assets
979.4k NOK 912.5k NOK
-6.8%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.05×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 466.4k NOK to 152.0k NOK (-67.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +179.0k NOK → +77.3k NOK (op. margin 38.4% → 50.9%). Calculated

  • ↓

    Net result weakened

    Net result +133.7k NOK → +59.7k NOK (net margin 28.7% → 39.3%). Calculated

  • ↓

    Equity eroded

    Book equity 268.3k NOK → 242.0k NOK (equity ratio 27.4% → 26.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 392 NOK → 392.8k NOK (0% → 258% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 170.4k NOK → 165.2k NOK. Reported fact