Org.nr 984 907 540 2022 → 2023 Year-over-year analysis

ABELS GATE AS: årsregnskap 2023 vs 2022

Shrank 70% on revenue, weaker earnings

approved 2024-04-19; registry 2024-04-22; journal 2024 370254

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABELS GATE AS. Revenue 776.8k NOK → 234.3k NOK (-69.8%). Net result +279.3k NOK → +50.3k NOK. Equity 934.4k NOK → 989.5k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
776.8k NOK 234.3k NOK
-69.8%
Operating result
+470.3k NOK +964.3k NOK
+105.0%
Net result
+279.3k NOK +50.3k NOK
-82.0%
Equity
934.4k NOK 989.5k NOK
+5.9%
Cash
201.1k NOK 638.2k NOK
+217.4%
Total assets
2.82m NOK 7.72m NOK
+173.8%

What improved

  • ↑

    Operating result improved

    Operating result +470.3k NOK → +964.3k NOK (op. margin 60.5% → 411.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 934.4k NOK → 989.5k NOK (equity ratio 33.2% → 12.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 201.1k NOK → 638.2k NOK (+217.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 776.8k NOK to 234.3k NOK (-69.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +279.3k NOK → +50.3k NOK (net margin 36.0% → 21.5%). Calculated