Org.nr 924 018 879 2022 → 2023 Year-over-year analysis

ABECK SALTHELLA AS: årsregnskap 2023 vs 2022

Shrank 65% on revenue, stronger earnings

approved 2024-05-07; registry 2024-05-21; journal 2024 421502

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABECK SALTHELLA AS. Revenue 1.60m NOK → 560.4k NOK (-64.9%). Net result -401.8k NOK → -176.2k NOK. Equity -1.22m NOK → -1.40m NOK.

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

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

Scorecard

Revenue
1.60m NOK 560.4k NOK
-64.9%
Operating result
-292.2k NOK +17.6k NOK
+106.0%
Net result
-401.8k NOK -176.2k NOK
+56.2%
Equity
-1.22m NOK -1.40m NOK
-14.4%
Cash
90.4k NOK 87.7k NOK
-3.0%
Total assets
6.68m NOK 6.40m NOK
-4.3%

What improved

  • ↑

    Operating result improved

    Operating result -292.2k NOK → +17.6k NOK (op. margin -18.3% → 3.1%). Calculated

  • ↑

    Net result improved

    Net result -401.8k NOK → -176.2k NOK (net margin -25.1% → -31.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.60m NOK to 560.4k NOK (-64.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -1.22m NOK → -1.40m NOK (equity ratio -18.3% → -21.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 90.4k NOK → 87.7k NOK (-3.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation