ABEL HEALTH AS: årsregnskap 2023 vs 2022
Stronger earnings
approved 2024-06-27; registry 2024-10-28; journal 2024 754151
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABEL HEALTH AS. Revenue 9.06m NOK → 9.33m NOK (+3.0%). Net result +39.2k NOK → +317.7k NOK. Equity 700.9k NOK → 218.7k 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; cogs moved. All figures are taken from the published annual accounts for ABEL HEALTH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.06m NOK to 9.33m NOK (+3.0% YoY). Calculated
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↑
Operating result improved
Operating result +66.4k NOK → +599.5k NOK (op. margin 0.7% → 6.4%). Calculated
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↑
Net result improved
Net result +39.2k NOK → +317.7k NOK (net margin 0.4% → 3.4%). Calculated
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↑
Cash rose
Bank deposits 425.7k NOK → 615.5k NOK (+44.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 700.9k NOK → 218.7k NOK (equity ratio 23.7% → 8.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.21m NOK → 1.72m NOK (13% → 18% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 7.11m NOK → 7.36m NOK (+3.5% YoY). Calculated