Org.nr 926 376 004 2022 → 2023 Year-over-year analysis

ABEL X AS: årsregnskap 2023 vs 2022

Grew 17% on revenue, stronger earnings

approved 2024-03-16; registry 2024-03-19; journal 2024 331799

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABEL X AS. Revenue 2.49m NOK → 2.92m NOK (+17.5%). Net result -172.5k NOK → -6 369 NOK. Equity 69.5k NOK → 63.1k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABEL X AS.

Scorecard

Revenue
2.49m NOK 2.92m NOK
+17.5%
Operating result
-172.2k NOK -7 NOK
+100.0%
Net result
-172.5k NOK -6 369 NOK
+96.3%
Equity
69.5k NOK 63.1k NOK
-9.2%
Cash
466.5k NOK 453.1k NOK
-2.9%
Total assets
466.5k NOK 453.1k NOK
-2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.49m NOK to 2.92m NOK (+17.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -172.2k NOK → -7 NOK (op. margin -6.9% → -0.0%). Calculated

  • ↑

    Net result improved

    Net result -172.5k NOK → -6 369 NOK (net margin -6.9% → -0.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 69.5k NOK → 63.1k NOK (equity ratio 14.9% → 13.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 466.5k NOK → 453.1k NOK (-2.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 NOK → 2.74m NOK (0% → 94% of revenue). Calculated