FirmaIQ
Org.nr 922 528 446 2022 → 2023 Year-over-year analysis

ABELVÆR FILETFABRIKK AS: årsregnskap 2023 vs 2022

Shrank 35% on revenue, slipped into loss

registry 2024-06-24; journal 2024 514338

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABELVÆR FILETFABRIKK AS. Revenue 61.77m NOK → 40.19m NOK (-34.9%). Net result +1.55m NOK → -1.38m NOK. Equity 2.72m NOK → 1.34m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABELVÆR FILETFABRIKK AS.

At a glance

Scorecard

Revenue
61.77m NOK 40.19m NOK
-34.9%
Operating result
+2.04m NOK -1.90m NOK
-192.9%
Net result
+1.55m NOK -1.38m NOK
-188.9%
Equity
2.72m NOK 1.34m NOK
-50.8%
Cash
840.1k NOK 756.8k NOK
-9.9%
Total assets
11.66m NOK 11.14m NOK
-4.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 23.81m NOK → 20.62m NOK (39% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 61.77m NOK to 40.19m NOK (-34.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.04m NOK → -1.90m NOK (op. margin 3.3% → -4.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.55m NOK profit to a loss of 1.38m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.72m NOK → 1.34m NOK (equity ratio 23.3% → 12.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 840.1k NOK → 756.8k NOK (-9.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 26.51m NOK → 6.97m NOK (-73.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 27 → 35. Reported fact