ABC SOLUTIONS HOLDING AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
approved 2024-06-25; registry 2024-07-04; journal 2024 574628
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABC SOLUTIONS HOLDING AS. Revenue 2.24m NOK → 2.31m NOK (+2.7%). Net result +3.78m NOK → +6.28m NOK. Equity 4.40m NOK → 6.58m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABC SOLUTIONS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.24m NOK to 2.31m NOK (+2.7% YoY). Calculated
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↑
Net result improved
Net result +3.78m NOK → +6.28m NOK (net margin 168.6% → 272.3%). Calculated
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↑
Equity strengthened
Book equity 4.40m NOK → 6.58m NOK (equity ratio 82.2% → 93.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -194.6k NOK → -418.2k NOK (op. margin -8.7% → -18.1%). Calculated
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↓
Cash fell
Bank deposits 556.5k NOK → 195.8k NOK (-64.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.23× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.01m NOK → 2.16m NOK (89% → 94% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 4.36m NOK → 1.69m NOK. Reported fact