Org.nr 992 169 028 2022 → 2023 Year-over-year analysis

ABELON TECHNOLOGY AS: årsregnskap 2023 vs 2022

Shrank 45% on revenue, returned to profit

approved 2024-06-30; registry 2024-07-11; journal 2024 615117

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABELON TECHNOLOGY AS. Revenue 1 361 NOK → 745 NOK (-45.3%). Net result -525.9k NOK → +564.3k NOK. Equity -520.3k NOK → 44.0k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1 361 NOK 745 NOK
-45.3%
Operating result
-674.3k NOK +723.4k NOK
+207.3%
Net result
-525.9k NOK +564.3k NOK
+207.3%
Equity
-520.3k NOK 44.0k NOK
+108.5%
Cash
10.3k NOK 7 376 NOK
-28.5%
Total assets
774.6k NOK 423.4k NOK
-45.3%

What improved

  • ↑

    Operating result improved

    Operating result -674.3k NOK → +723.4k NOK (op. margin -49542.8% → 97105.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 525.9k NOK to a profit of 564.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -520.3k NOK → 44.0k NOK (equity ratio -67.2% → 10.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1 361 NOK to 745 NOK (-45.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 10.3k NOK → 7 376 NOK (-28.5% YoY). Calculated