Org.nr 926 376 004 2023 → 2024 Year-over-year analysis

ABEL X AS: årsregnskap 2024 vs 2023

Shrank 67% on revenue, weaker earnings, cash halved-plus

approved 2025-05-07; registry 2025-05-10; journal 2025 420281

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABEL X AS. Revenue 2.92m NOK → 974.0k NOK (-66.7%). Net result -6 369 NOK → -106.1k NOK. Equity 63.1k NOK → -43.0k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABEL X AS.

Scorecard

Revenue
2.92m NOK 974.0k NOK
-66.7%
Operating result
-7 NOK -106.1k NOK
-1515528.6%
Net result
-6 369 NOK -106.1k NOK
-1565.8%
Equity
63.1k NOK -43.0k NOK
-168.1%
Cash
453.1k NOK 82.9k NOK
-81.7%
Total assets
453.1k NOK 82.9k NOK
-81.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.92m NOK to 974.0k NOK (-66.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -7 NOK → -106.1k NOK (op. margin -0.0% → -10.9%). Calculated

  • ↓

    Net result weakened

    Net result -6 369 NOK → -106.1k NOK (net margin -0.2% → -10.9%). Calculated

  • ↓

    Equity eroded

    Book equity 63.1k NOK → -43.0k NOK (equity ratio 13.9% → -51.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 453.1k NOK → 82.9k NOK (-81.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -51.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact