FirmaIQ
Org.nr 980 402 320 2022 → 2023 Year-over-year analysis

ABENA NORGE AS: årsregnskap 2023 vs 2022

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2023-10-31; registry 2023-11-04; journal 2023 736505

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABENA NORGE AS. Revenue 195.90m NOK → 181.18m NOK (-7.5%). Net result +4.53m NOK → +774.4k NOK. Equity 41.60m NOK → 42.38m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABENA NORGE AS.

At a glance

Scorecard

Revenue
195.90m NOK 181.18m NOK
-7.5%
Operating result
+6.17m NOK +1.35m NOK
-78.1%
Net result
+4.53m NOK +774.4k NOK
-82.9%
Equity
41.60m NOK 42.38m NOK
+1.9%
Cash
2.99m NOK 1.24m NOK
-58.5%
Total assets
85.00m NOK 89.06m NOK
+4.8%

What improved

  • ↑

    Equity strengthened

    Book equity 41.60m NOK → 42.38m NOK (equity ratio 48.9% → 47.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 195.90m NOK to 181.18m NOK (-7.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.17m NOK → +1.35m NOK (op. margin 3.1% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +4.53m NOK → +774.4k NOK (net margin 2.3% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.99m NOK → 1.24m NOK (-58.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 24.76m NOK → 26.87m NOK (13% → 15% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.15bn NOK → 7.14bn NOK (-0.2% YoY). Calculated