Org.nr 930 733 814 2023 → 2024 Year-over-year analysis

ABE BORING AS: årsregnskap 2024 vs 2023

Shrank 13% on revenue, weaker earnings

approved 2025-05-23; registry 2025-06-30; journal 2025 588229

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABE BORING AS. Revenue 15.80m NOK → 13.70m NOK (-13.3%). Net result +6.17m NOK → +4.84m NOK. Equity 6.19m NOK → 6.62m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABE BORING AS.

Scorecard

Revenue
15.80m NOK 13.70m NOK
-13.3%
Operating result
+20.71m NOK +1.09m NOK
-94.7%
Net result
+6.17m NOK +4.84m NOK
-21.6%
Equity
6.19m NOK 6.62m NOK
+7.0%
Cash
1.20m NOK 4.34m NOK
+260.8%
Total assets
9.67m NOK 11.40m NOK
+17.8%

What improved

  • ↑

    Equity strengthened

    Book equity 6.19m NOK → 6.62m NOK (equity ratio 64.0% → 58.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.20m NOK → 4.34m NOK (+260.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.57m NOK → 3.62m NOK (29% → 26% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.80m NOK to 13.70m NOK (-13.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +20.71m NOK → +1.09m NOK (op. margin 131.0% → 7.9%). Calculated

  • ↓

    Net result weakened

    Net result +6.17m NOK → +4.84m NOK (net margin 39.0% → 35.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.98m NOK → 2.88m NOK (-3.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.18m NOK → 1.78m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 7. Reported fact