Org.nr 921 643 810 2023 → 2024 Year-over-year analysis

ABCB AS: årsregnskap 2024 vs 2023

Shrank 82% on revenue, stronger earnings, cash halved-plus

approved 2025-02-15; registry 2025-05-10; journal 2025 420188

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABCB AS. Revenue 912.2k NOK → 165.1k NOK (-81.9%). Net result -932.9k NOK → -154.1k NOK. Equity 218.9k NOK → 64.8k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABCB AS.

Scorecard

Revenue
912.2k NOK 165.1k NOK
-81.9%
Operating result
-926.8k NOK -153.2k NOK
+83.5%
Net result
-932.9k NOK -154.1k NOK
+83.5%
Equity
218.9k NOK 64.8k NOK
-70.4%
Cash
126.0k NOK 23.5k NOK
-81.4%
Total assets
232.4k NOK 71.0k NOK
-69.4%

What improved

  • ↑

    Operating result improved

    Operating result -926.8k NOK → -153.2k NOK (op. margin -101.6% → -92.8%). Calculated

  • ↑

    Net result improved

    Net result -932.9k NOK → -154.1k NOK (net margin -102.3% → -93.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 912.2k NOK to 165.1k NOK (-81.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 218.9k NOK → 64.8k NOK (equity ratio 94.2% → 91.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 126.0k NOK → 23.5k NOK (-81.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.65m NOK → 245.0k NOK (-85.1% YoY). Calculated