ABELSEN & HIRTH EIENDOMSUTVIKLING AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2024-05-13; registry 2024-05-21; journal 2024 424003
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABELSEN & HIRTH EIENDOMSUTVIKLING AS. Revenue 342.3k NOK → 342 NOK (-99.9%). Net result +19.0k NOK → -37.8k NOK. Equity 701.8k NOK → 664.0k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABELSEN & HIRTH EIENDOMSUTVIKLING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 342.3k NOK to 342 NOK (-99.9% YoY). Calculated
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Operating result weakened
Operating result +82.5k NOK → -46.1k NOK (op. margin 24.1% → -13475.4%). Calculated
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Fell into a net loss
Net result flipped from 19.0k NOK profit to a loss of 37.8k NOK. Calculated
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Equity eroded
Book equity 701.8k NOK → 664.0k NOK (equity ratio 98.3% → 100.0%). Calculated
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Cash fell
Bank deposits 588.60m NOK → 544.3k NOK (-99.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (588.60m NOK → 544.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation