Org.nr 919 604 662 2023 → 2024 Year-over-year analysis

ABELEE AS: årsregnskap 2024 vs 2023

Shrank 99% on revenue, returned to profit, cash halved-plus

approved 2025-06-30; registry 2025-07-08; journal 2025 640851

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABELEE AS. Revenue 24.74m NOK → 231.0k NOK (-99.1%). Net result -111.42m NOK → +7.71m NOK. Equity 108.78m NOK → -40.71m NOK.

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

Also worth watching: thin equity buffer; sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ABELEE AS.

Scorecard

Revenue
24.74m NOK 231.0k NOK
-99.1%
Operating result
-118.00m NOK -9 942 NOK
+100.0%
Net result
-111.42m NOK +7.71m NOK
+106.9%
Equity
108.78m NOK -40.71m NOK
-137.4%
Cash
88.79m NOK 212.7k NOK
-99.8%
Total assets
149.58m NOK 227.7k NOK
-99.8%

What improved

  • ↑

    Operating result improved

    Operating result -118.00m NOK → -9 942 NOK (op. margin -476.9% → -4.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 111.42m NOK to a profit of 7.71m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.74m NOK to 231.0k NOK (-99.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 108.78m NOK → -40.71m NOK (equity ratio 72.7% → -17874.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 88.79m NOK → 212.7k NOK (-99.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.73× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -17874.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (88.79m NOK → 212.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 108.78m NOK → 45.23m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.80m NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 17 → 6.5. Reported fact