ABCB AS: årsregnskap 2023 vs 2022
Shrank 68% on revenue, slipped into loss
approved 2024-02-15; registry 2024-02-19; journal 2024 308627
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABCB AS. Revenue 2.87m NOK → 912.2k NOK (-68.3%). Net result +216.1k NOK → -932.9k NOK. Equity 151.8k NOK → 218.9k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABCB AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 151.8k NOK → 218.9k NOK (equity ratio 78.6% → 94.2%). Calculated
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↑
Payroll decreased
Salary cost 15.3k NOK → 0 NOK (1% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.87m NOK to 912.2k NOK (-68.3% YoY). Calculated
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↓
Operating result weakened
Operating result +211.4k NOK → -926.8k NOK (op. margin 7.4% → -101.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 216.1k NOK profit to a loss of 932.9k NOK. Calculated
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↓
Cash fell
Bank deposits 149.7k NOK → 126.0k NOK (-15.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.56m NOK → 1.65m NOK (-35.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 134 NOK → 0 NOK. Reported fact