Org.nr 918 755 268 2022 → 2023 Year-over-year analysis

ABEL DESIGN KJØKKEN & GARDEROBE AS: årsregnskap 2023 vs 2022

Stronger earnings

registry 2024-02-03; journal 2024 303858

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABEL DESIGN KJØKKEN & GARDEROBE AS. Net result -79.0k NOK → -51.7k NOK. Equity -292.2k NOK → -343.9k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEL DESIGN KJØKKEN & GARDEROBE AS.

Scorecard

Operating result
-79.0k NOK -51.7k NOK
+34.6%
Net result
-79.0k NOK -51.7k NOK
+34.6%
Equity
-292.2k NOK -343.9k NOK
-17.7%
Cash
-4 352 NOK 525 NOK
+112.1%
Total assets
69.3k NOK 36.4k NOK
-47.4%

What improved

  • ↑

    Operating result improved

    Operating result -79.0k NOK → -51.7k NOK. Calculated

  • ↑

    Net result improved

    Net result -79.0k NOK → -51.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits -4 352 NOK → 525 NOK (+112.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -292.2k NOK → -343.9k NOK (equity ratio -421.7% → -944.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -944.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation