ABE BORING AS: årsregnskap 2023 vs 2022
Shrank 17% on revenue, stronger earnings
approved 2024-06-28; registry 2024-07-24; journal 2024 586407
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABE BORING AS. Revenue 19.08m NOK → 15.80m NOK (-17.2%). Net result +528.7k NOK → +6.17m NOK. Equity 7.13m NOK → 6.19m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABE BORING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +87 NOK → +20.71m NOK (op. margin 0.0% → 131.0%). Calculated
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Net result improved
Net result +528.7k NOK → +6.17m NOK (net margin 2.8% → 39.0%). Calculated
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Payroll decreased
Salary cost 4.94m NOK → 4.57m NOK (26% → 29% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 19.08m NOK to 15.80m NOK (-17.2% YoY). Calculated
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Equity eroded
Book equity 7.13m NOK → 6.19m NOK (equity ratio 59.8% → 64.0%). Calculated
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Cash fell
Bank deposits 2.16m NOK → 1.20m NOK (-44.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 2.60m NOK → 15.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 4.80m NOK → 2.98m NOK (-38.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 2.06m NOK → 2.18m NOK. Reported fact