Org.nr 892 098 832 2022 → 2023 Year-over-year analysis

ABELON GROUP AS: årsregnskap 2023 vs 2022

Grew 190% on revenue, stronger earnings

approved 2024-06-30; registry 2024-07-11; journal 2024 615108

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABELON GROUP AS. Revenue 86.9k NOK → 251.7k NOK (+189.5%). Net result +5 495 NOK → +24.1k NOK. Equity 2.82m NOK → 2.85m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABELON GROUP AS.

Scorecard

Revenue
86.9k NOK 251.7k NOK
+189.5%
Operating result
+7 045 NOK +30.9k NOK
+338.7%
Net result
+5 495 NOK +24.1k NOK
+338.7%
Equity
2.82m NOK 2.85m NOK
+0.9%
Cash
43.7k NOK 27.7k NOK
-36.6%
Total assets
n/m 2.88m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.9k NOK to 251.7k NOK (+189.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7 045 NOK → +30.9k NOK (op. margin 8.1% → 12.3%). Calculated

  • ↑

    Net result improved

    Net result +5 495 NOK → +24.1k NOK (net margin 6.3% → 9.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.82m NOK → 2.85m NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 43.7k NOK → 27.7k NOK (-36.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost -19.0k NOK → 2 NOK (-22% → 0% of revenue). Calculated