ABEL MEYERSGATE 3 AS: årsregnskap 2023 vs 2022
Grew 19% on revenue, weaker earnings, cash halved-plus
registry 2024-07-23; journal 2024 664358
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABEL MEYERSGATE 3 AS. Revenue 713.9k NOK → 848.8k NOK (+18.9%). Net result +44.8k NOK → +11.7k NOK. Equity 619.5k NOK → 591.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABEL MEYERSGATE 3 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 713.9k NOK to 848.8k NOK (+18.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +160.77m NOK → +187.8k NOK (op. margin 22520.3% → 22.1%). Calculated
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↓
Net result weakened
Net result +44.8k NOK → +11.7k NOK (net margin 6.3% → 1.4%). Calculated
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↓
Equity eroded
Book equity 619.5k NOK → 591.3k NOK (equity ratio 16.7% → 10.1%). Calculated
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↓
Cash fell
Bank deposits 245.8k NOK → 64.3k NOK (-73.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.24× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 185 NOK → 2.35m NOK (0% → 277% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 2.29m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 0 → 0.5. Reported fact