Org.nr 923 181 512 2022 → 2023 Year-over-year analysis

ABEL INSTITUTTET AS: årsregnskap 2023 vs 2022

Grew 24% on revenue, returned to profit

approved 2024-06-25; registry 2024-06-29; journal 2024 566901

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABEL INSTITUTTET AS. Revenue 1.76m NOK → 2.17m NOK (+23.6%). Net result -23.9k NOK → +3.29m NOK. Equity 79.8k NOK → 3.10m NOK.

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

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABEL INSTITUTTET AS.

Scorecard

Revenue
1.76m NOK 2.17m NOK
+23.6%
Operating result
-24.2k NOK +368.5k NOK
+1625.6%
Net result
-23.9k NOK +3.29m NOK
+13829.7%
Equity
79.8k NOK 3.10m NOK
+3789.1%
Cash
25.6k NOK 27.5k NOK
+7.5%
Total assets
366.1k NOK 697.1k NOK
+90.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.76m NOK to 2.17m NOK (+23.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -24.2k NOK → +368.5k NOK (op. margin -1.4% → 17.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 23.9k NOK to a profit of 3.29m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 79.8k NOK → 3.10m NOK (equity ratio 21.8% → 445.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 25.6k NOK → 27.5k NOK (+7.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 908.2k NOK → 1.23m NOK (52% → 57% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 761.2k NOK → 494.8k NOK (-35.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 4. Reported fact