Org.nr 992 053 534 2022 → 2023 Year-over-year analysis

ABEL MEYERSGATE 2 AS: årsregnskap 2023 vs 2022

Grew 112202% on revenue, stronger earnings, fresh owner capital

approved 2024-05-15; registry 2024-06-25; journal 2024 521090

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABEL MEYERSGATE 2 AS. Revenue 367 NOK → 412.1k NOK (+112202.5%). Net result -47.2k NOK → -6 798 NOK. Equity 177.7k NOK → 170.9k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEL MEYERSGATE 2 AS.

Scorecard

Revenue
367 NOK 412.1k NOK
+112202.5%
Operating result
-55.5k NOK +72.8k NOK
+231.2%
Net result
-47.2k NOK -6 798 NOK
+85.6%
Equity
177.7k NOK 170.9k NOK
-3.8%
Cash
102.0k NOK 161.7k NOK
+58.5%
Total assets
2.45m NOK 2.41m NOK
-1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 367 NOK to 412.1k NOK (+112202.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -55.5k NOK → +72.8k NOK (op. margin -15113.1% → 17.7%). Calculated

  • ↑

    Net result improved

    Net result -47.2k NOK → -6 798 NOK (net margin -12873.0% → -1.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 102.0k NOK → 161.7k NOK (+58.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 258 NOK → 258.0k NOK (+257.7k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 177.7k NOK → 170.9k NOK (equity ratio 7.3% → 7.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation