Org.nr 919 315 253 2023 → 2024 Year-over-year analysis

ABE UTVIKLING AS: årsregnskap 2024 vs 2023

Grew 1141% on revenue, weaker earnings, cash halved-plus

approved 2025-05-12; registry 2025-05-14; journal 2025 431799

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABE UTVIKLING AS. Revenue 69.7k NOK → 864.8k NOK (+1141.0%). Net result -13.0k NOK → -155.8k NOK. Equity 513.2k NOK → 357.4k NOK.

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

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABE UTVIKLING AS.

Scorecard

Revenue
69.7k NOK 864.8k NOK
+1141.0%
Operating result
+195.2k NOK +77.0k NOK
-60.6%
Net result
-13.0k NOK -155.8k NOK
-1102.8%
Equity
513.2k NOK 357.4k NOK
-30.4%
Cash
43.4k NOK 3 317 NOK
-92.4%
Total assets
4.66m NOK 4.52m NOK
-3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 69.7k NOK to 864.8k NOK (+1141.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +195.2k NOK → +77.0k NOK (op. margin 280.1% → 8.9%). Calculated

  • ↓

    Net result weakened

    Net result -13.0k NOK → -155.8k NOK (net margin -18.6% → -18.0%). Calculated

  • ↓

    Equity eroded

    Book equity 513.2k NOK → 357.4k NOK (equity ratio 11.0% → 7.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 43.4k NOK → 3 317 NOK (-92.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 618.6k NOK → 496.7k NOK (-19.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 720 NOK → 180.0k NOK. Reported fact