Org.nr 998 750 520 2023 → 2024 Year-over-year analysis

ABELS GATE 22 AS: årsregnskap 2024 vs 2023

Grew 162% on revenue, slipped into loss, cash halved-plus

registry 2025-04-19; journal 2025 380571

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABELS GATE 22 AS. Revenue 108.3k NOK → 283.2k NOK (+161.5%). Net result +85.2k NOK → -1.82m NOK. Equity -714.1k NOK → -2.54m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABELS GATE 22 AS.

Scorecard

Revenue
108.3k NOK 283.2k NOK
+161.5%
Operating result
+2.28m NOK -1.19m NOK
-152.0%
Net result
+85.2k NOK -1.82m NOK
-2238.4%
Equity
-714.1k NOK -2.54m NOK
-255.1%
Cash
231.6k NOK 18.5k NOK
-92.0%
Total assets
23.27m NOK 18.21m NOK
-21.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 108.3k NOK to 283.2k NOK (+161.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.28m NOK → -1.19m NOK (op. margin 2109.9% → -419.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 85.2k NOK profit to a loss of 1.82m NOK. Calculated

  • ↓

    Equity eroded

    Book equity -714.1k NOK → -2.54m NOK (equity ratio -3.1% → -13.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 231.6k NOK → 18.5k NOK (-92.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 2.21m NOK → 1.17m NOK (-47.0% YoY). Calculated