FirmaIQ
Org.nr 989 554 786 2022 → 2023 Year-over-year analysis

ABEL DIGITAL SECURITY AS: årsregnskap 2023 vs 2022

Grew 88% on revenue, stronger earnings

approved 2024-04-19; registry 2024-04-24; journal 2024 372070

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABEL DIGITAL SECURITY AS. Revenue 483.1k NOK → 909.0k NOK (+88.2%). Net result +9 251 NOK → +566.7k NOK. Equity 105.4k NOK → 274.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABEL DIGITAL SECURITY AS.

At a glance

Scorecard

Revenue
483.1k NOK 909.0k NOK
+88.2%
Operating result
+220.2k NOK +494.9k NOK
+124.7%
Net result
+9 251 NOK +566.7k NOK
+6025.8%
Equity
105.4k NOK 274.6k NOK
+160.5%
Cash
55.8k NOK 128.8k NOK
+131.0%
Total assets
417.0k NOK 863.9k NOK
+107.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 483.1k NOK to 909.0k NOK (+88.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +220.2k NOK → +494.9k NOK (op. margin 45.6% → 54.4%). Calculated

  • ↑

    Net result improved

    Net result +9 251 NOK → +566.7k NOK (net margin 1.9% → 62.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 105.4k NOK → 274.6k NOK (equity ratio 25.3% → 31.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 55.8k NOK → 128.8k NOK (+131.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 232.6k NOK → 381.6k NOK (+64.1% YoY). Calculated