ABEL CONCEPT AS: årsregnskap 2024 vs 2023
Grew 24% on revenue, stronger earnings, cash halved-plus
approved 2025-05-26; registry 2025-05-31; journal 2025 491770
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABEL CONCEPT AS. Revenue 394.4k NOK → 487.1k NOK (+23.5%). Net result -214.7k NOK → -13.0k NOK. Equity -254.3k NOK → -267.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. 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 394.4k NOK to 487.1k NOK (+23.5% YoY). Calculated
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Operating result improved
Operating result -253.2k NOK → +2 690 NOK (op. margin -64.2% → 0.6%). Calculated
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Net result improved
Net result -214.7k NOK → -13.0k NOK (net margin -54.4% → -2.7%). Calculated
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Payroll decreased
Salary cost 12.5k NOK → 2 NOK (3% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -254.3k NOK → -267.4k NOK. Calculated
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↓
Cash fell
Bank deposits 13.7k NOK → 2 776 NOK (-79.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -31.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 420.7k NOK → 138.6k NOK (-67.1% YoY). Calculated