ABEVENTS AS: årsregnskap 2023 vs 2022
Shrank 91% on revenue, weaker earnings, cash halved-plus
approved 2024-08-28; registry 2024-08-31; journal 2024 739648
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABEVENTS AS. Revenue 429.9k NOK → 40.2k NOK (-90.6%). Net result -73.6k NOK → -519.0k NOK. Equity -150.8k NOK → -669.7k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABEVENTS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 429.9k NOK to 40.2k NOK (-90.6% YoY). Calculated
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Operating result weakened
Operating result -69.9k NOK → -430.9k NOK (op. margin -16.3% → -1071.7%). Calculated
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↓
Net result weakened
Net result -73.6k NOK → -519.0k NOK (net margin -17.1% → -1290.9%). Calculated
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↓
Equity eroded
Book equity -150.8k NOK → -669.7k NOK (equity ratio -45.4% → -258.6%). Calculated
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↓
Cash fell
Bank deposits 16.2k NOK → 1 930 NOK (-88.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -258.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation