Org.nr 992 764 341 2022 → 2023 Year-over-year analysis

ABELNES EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 63% on revenue, weaker earnings, cash halved-plus

approved 2024-05-02; registry 2024-05-11; journal 2024 405490

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABELNES EIENDOM AS. Revenue 910.0k NOK → 340.0k NOK (-62.6%). Net result -239.9k NOK → -364.7k NOK. Equity 3.78m NOK → 3.31m NOK.

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

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

Scorecard

Revenue
910.0k NOK 340.0k NOK
-62.6%
Operating result
+72.7k NOK +91.7k NOK
+26.1%
Net result
-239.9k NOK -364.7k NOK
-52.0%
Equity
3.78m NOK 3.31m NOK
-12.3%
Cash
28.6k NOK 0 NOK
-100.0%
Total assets
13.28m NOK 13.07m NOK
-1.5%

What improved

  • ↑

    Operating result improved

    Operating result +72.7k NOK → +91.7k NOK (op. margin 8.0% → 27.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 910.0k NOK to 340.0k NOK (-62.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result -239.9k NOK → -364.7k NOK (net margin -26.4% → -107.3%). Calculated

  • ↓

    Equity eroded

    Book equity 3.78m NOK → 3.31m NOK (equity ratio 28.5% → 25.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 28.6k NOK → 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 47.6k NOK → 6 965 NOK (-85.4% YoY). Calculated