ABECO AS: årsregnskap 2023 vs 2022
Grew 6% on revenue
approved 2024-03-21; registry 2024-05-29; journal 2024 453307
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABECO AS. Revenue 1.93m NOK → 2.05m NOK (+6.2%). Net result +422.2k NOK → +497.5k NOK. Equity 908.1k NOK → 5 609 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABECO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.93m NOK to 2.05m NOK (+6.2% YoY). Calculated
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↑
Operating result improved
Operating result +543.2k NOK → +640.0k NOK (op. margin 28.2% → 31.3%). Calculated
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↑
Net result improved
Net result +422.2k NOK → +497.5k NOK (net margin 21.9% → 24.3%). Calculated
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↑
Cash rose
Bank deposits 46.4k NOK → 1.25m NOK (+2601.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 908.1k NOK → 5 609 NOK (equity ratio 70.3% → 0.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 1.09m NOK (0% → 53% of revenue). Calculated