ABEL CONCEPT AS: årsregnskap 2023 vs 2022
Grew 3483% on revenue, weaker earnings, cash halved-plus
approved 2024-04-24; registry 2024-07-01; journal 2024 576095
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABEL CONCEPT AS. Revenue 11.0k NOK → 394.4k NOK (+3483.1%). Net result -69.6k NOK → -214.7k NOK. Equity -39.6k NOK → -254.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABEL CONCEPT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.0k NOK to 394.4k NOK (+3483.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -79.0k NOK → -253.2k NOK (op. margin -718.0% → -64.2%). Calculated
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↓
Net result weakened
Net result -69.6k NOK → -214.7k NOK (net margin -632.1% → -54.4%). Calculated
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↓
Equity eroded
Book equity -39.6k NOK → -254.3k NOK. Calculated
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↓
Cash fell
Bank deposits 94.0k NOK → 13.7k NOK (-85.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.60× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 235.9k NOK → 420.7k NOK (+78.4% YoY). Calculated