Org.nr 988 382 906 2022 → 2023 Year-over-year analysis

ABCDEF AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-07-23; registry 2024-08-15; journal 2024 684347

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABCDEF AS. Revenue 60.0k NOK → 60.0k NOK (0.0%). Net result +58.08m NOK → +5.04m NOK. Equity 5.12bn NOK → 3.13bn NOK.

On the constructive side: operating result improved; cash rose; owners injected capital. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
60.0k NOK 60.0k NOK
0.0%
Operating result
-186.6k NOK -175.8k NOK
+5.8%
Net result
+58.08m NOK +5.04m NOK
-91.3%
Equity
5.12bn NOK 3.13bn NOK
-38.9%
Cash
7 160 NOK 14.4k NOK
+101.3%
Total assets
236.54m NOK 204.85m NOK
-13.4%

What improved

  • ↑

    Operating result improved

    Operating result -186.6k NOK → -175.8k NOK (op. margin -311.1% → -293.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 160 NOK → 14.4k NOK (+101.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.03m NOK → 2.23m NOK (+200.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 5.00m NOK → 3.90m NOK (8335% → 6500% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +58.08m NOK → +5.04m NOK (net margin 96803.9% → 8392.9%). Calculated

  • ↓

    Equity eroded

    Book equity 5.12bn NOK → 3.13bn NOK (equity ratio 2165.2% → 1526.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.35× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.22m NOK → 16.39m NOK (-4.8% YoY). Calculated