FirmaIQ
Org.nr 919 608 811 2022 → 2023 Year-over-year analysis

ABEL TECHNOLOGIES AS: årsregnskap 2023 vs 2022

Grew 102% on revenue, returned to profit, fresh owner capital

approved 2024-06-27; registry 2024-07-04; journal 2024 572419

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABEL TECHNOLOGIES AS. Revenue 28.30m NOK → 57.19m NOK (+102.1%). Net result -4.77m NOK → +41.4k NOK. Equity 9.64m NOK → 19.08m NOK.

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

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

At a glance

Scorecard

Revenue
28.30m NOK 57.19m NOK
+102.1%
Operating result
-4.75m NOK +38.5k NOK
+100.8%
Net result
-4.77m NOK +41.4k NOK
+100.9%
Equity
9.64m NOK 19.08m NOK
+97.9%
Cash
4.50m NOK 5.21m NOK
+15.8%
Total assets
12.68m NOK 21.62m NOK
+70.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.30m NOK to 57.19m NOK (+102.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4.75m NOK → +38.5k NOK (op. margin -16.8% → 0.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 4.77m NOK to a profit of 41.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 9.64m NOK → 19.08m NOK (equity ratio 76.0% → 88.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.50m NOK → 5.21m NOK (+15.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 25.99m NOK → 49.46m NOK (+90.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 17 → 11.28. Reported fact