FirmaIQ
Org.nr 926 189 298 2022 → 2023 Year-over-year analysis

ABD EIENDOM AS: årsregnskap 2023 vs 2022

Grew 290167% on revenue, stronger earnings

approved 2024-06-14; registry 2024-07-22; journal 2024 656625

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABD EIENDOM AS. Revenue 300 NOK → 870.8k NOK (+290166.7%). Net result +29.3k NOK → +403.5k NOK. Equity 822.8k NOK → 226.3k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABD EIENDOM AS.

At a glance

Scorecard

Revenue
300 NOK 870.8k NOK
+290166.7%
Operating result
+37.5k NOK +517.1k NOK
+1279.7%
Net result
+29.3k NOK +403.5k NOK
+1279.0%
Equity
822.8k NOK 226.3k NOK
-72.5%
Cash
34.7k NOK 101.9k NOK
+193.7%
Total assets
2.29m NOK 2.42m NOK
+5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 300 NOK to 870.8k NOK (+290166.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +37.5k NOK → +517.1k NOK (op. margin 12493.0% → 59.4%). Calculated

  • ↑

    Net result improved

    Net result +29.3k NOK → +403.5k NOK (net margin 9752.3% → 46.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 34.7k NOK → 101.9k NOK (+193.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 822.8k NOK → 226.3k NOK (equity ratio 36.0% → 9.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation