Org.nr 924 723 394 2022 → 2023 Year-over-year analysis

ABC EIENDOMSINVEST AS: årsregnskap 2023 vs 2022

Grew 633434% on revenue, slipped into loss, cash halved-plus

approved 2024-08-29; registry 2024-09-02; journal 2024 740706

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABC EIENDOMSINVEST AS. Revenue 1 070 NOK → 6.78m NOK (+633433.7%). Net result +56.0k NOK → -454.9k NOK. Equity 80.4k NOK → -374.5k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABC EIENDOMSINVEST AS.

Scorecard

Revenue
1 070 NOK 6.78m NOK
+633433.7%
Operating result
+466.7k NOK +495.7k NOK
+6.2%
Net result
+56.0k NOK -454.9k NOK
-912.2%
Equity
80.4k NOK -374.5k NOK
-565.5%
Cash
24.4k NOK 5 686 NOK
-76.7%
Total assets
15.14m NOK 36.88m NOK
+143.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 070 NOK to 6.78m NOK (+633433.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +466.7k NOK → +495.7k NOK (op. margin 43613.6% → 7.3%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 56.0k NOK profit to a loss of 454.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 80.4k NOK → -374.5k NOK (equity ratio 0.5% → -1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.4k NOK → 5 686 NOK (-76.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 503.3k NOK → 575.6k NOK (+14.4% YoY). Calculated