FirmaIQ
Org.nr 925 503 274 2022 → 2023 Year-over-year analysis

ABELSETH & CO AS: årsregnskap 2023 vs 2022

Grew 13% on revenue

approved 2024-07-01; registry 2024-07-06; journal 2024 605724

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABELSETH & CO AS. Revenue 770.6k NOK → 872.2k NOK (+13.2%). Net result +666.8k NOK → +670.4k NOK. Equity 4.79m NOK → 5.46m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABELSETH & CO AS.

At a glance

Scorecard

Revenue
770.6k NOK 872.2k NOK
+13.2%
Operating result
+483.9k NOK +748.2k NOK
+54.6%
Net result
+666.8k NOK +670.4k NOK
+0.5%
Equity
4.79m NOK 5.46m NOK
+14.0%
Cash
378.1k NOK 340.5k NOK
-9.9%
Total assets
6.25m NOK 5.70m NOK
-8.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 770.6k NOK to 872.2k NOK (+13.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +483.9k NOK → +748.2k NOK (op. margin 62.8% → 85.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.79m NOK → 5.46m NOK (equity ratio 76.6% → 95.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 378.1k NOK → 340.5k NOK (-9.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 171.0k NOK → 25.9k NOK (-84.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 665.8k NOK → 570.2k NOK. Reported fact