ABELLO AS: årsregnskap 2023 vs 2022
Shrank 6% on revenue, weaker earnings
approved 2024-07-30; registry 2024-08-02; journal 2024 702556
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABELLO AS. Revenue 1.52m NOK → 1.43m NOK (-5.5%). Net result +607.6k NOK → +367.0k NOK. Equity 736.1k NOK → 3 153 NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABELLO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 371.0k NOK → 700.1k NOK (+88.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.91m NOK → 2.86m NOK (192% → 199% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.52m NOK to 1.43m NOK (-5.5% YoY). Calculated
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↓
Operating result weakened
Operating result +596.7k NOK → +450.3k NOK (op. margin 39.3% → 31.4%). Calculated
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↓
Net result weakened
Net result +607.6k NOK → +367.0k NOK (net margin 40.0% → 25.6%). Calculated
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↓
Equity eroded
Book equity 736.1k NOK → 3 153 NOK (equity ratio 31.0% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 315.1k NOK → 1.78m NOK. Reported fact