FirmaIQ
Org.nr 989 069 209 2022 → 2023 Year-over-year analysis

ABELHUS AS: årsregnskap 2023 vs 2022

Shrank 32% on revenue, weaker earnings

approved 2024-04-29; registry 2024-07-03; journal 2024 590865

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABELHUS AS. Revenue 1.65m NOK → 1.12m NOK (-32.3%). Net result +6.87m NOK → +706.3k NOK. Equity 2.24m NOK → 2.94m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABELHUS AS.

At a glance

Scorecard

Revenue
1.65m NOK 1.12m NOK
-32.3%
Operating result
+1.09m NOK +826.3k NOK
-24.4%
Net result
+6.87m NOK +706.3k NOK
-89.7%
Equity
2.24m NOK 2.94m NOK
+31.6%
Cash
1.09m NOK 1.03m NOK
-5.6%
Total assets
3.64m NOK 3.73m NOK
+2.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.24m NOK → 2.94m NOK (equity ratio 61.4% → 78.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.79× → 1.52×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.10m NOK → 34.8k NOK (128% → 3% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.65m NOK to 1.12m NOK (-32.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.09m NOK → +826.3k NOK (op. margin 66.3% → 74.1%). Calculated

  • ↓

    Net result weakened

    Net result +6.87m NOK → +706.3k NOK (net margin 417.1% → 63.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.09m NOK → 1.03m NOK (-5.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 230.2k NOK → 26.2k NOK (-88.6% YoY). Calculated