Org.nr 993 550 132 2022 → 2023 Year-over-year analysis

ABERSCOT AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

registry 2024-07-08; journal 2024 616100

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABERSCOT AS. Net result -12.2k NOK → -51.5k NOK. Equity -27.0k NOK → -78.5k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABERSCOT AS.

Scorecard

Operating result
-12.2k NOK -51.5k NOK
-323.8%
Net result
-12.2k NOK -51.5k NOK
-323.8%
Equity
-27.0k NOK -78.5k NOK
-190.6%
Cash
185.2k NOK 185 NOK
-99.9%
Total assets
185.2k NOK 185 NOK
-99.9%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.2k NOK → -51.5k NOK. Calculated

  • ↓

    Net result weakened

    Net result -12.2k NOK → -51.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -27.0k NOK → -78.5k NOK (equity ratio -14.6% → -42444.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 185.2k NOK → 185 NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 15.24× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -42444.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation