ABELS GATE 22 AS: årsregnskap 2023 vs 2022
Shrank 75% on revenue, stronger earnings
registry 2024-06-25; journal 2024 542893
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABELS GATE 22 AS. Revenue 440.0k NOK → 108.3k NOK (-75.4%). Net result +39.3k NOK → +85.2k NOK. Equity -799.3k NOK → -714.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELS GATE 22 AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +51.0k NOK → +2.28m NOK (op. margin 11.6% → 2109.9%). Calculated
-
↑
Net result improved
Net result +39.3k NOK → +85.2k NOK (net margin 8.9% → 78.7%). Calculated
-
↑
Equity strengthened
Book equity -799.3k NOK → -714.1k NOK (equity ratio -4.3% → -3.1%). Calculated
-
↑
Cash rose
Bank deposits 4 044 NOK → 231.6k NOK (+5626.1% YoY). Calculated
-
↑
Payroll decreased
Salary cost 239.6k NOK → 239 NOK (54% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 440.0k NOK to 108.3k NOK (-75.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.80× → -0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 9 800 NOK → 2.21m NOK (+22407.2% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 180 NOK → 180.0k NOK. Reported fact