FirmaIQ
Org.nr 922 191 719 2022 → 2023 Year-over-year analysis

ABFAB AS: årsregnskap 2023 vs 2022

Shrank 7% on revenue, stronger earnings

approved 2024-03-27; registry 2024-04-06; journal 2024 346336

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABFAB AS. Revenue 3.87m NOK → 3.60m NOK (-6.8%). Net result +128.4k NOK → +1.97m NOK. Equity 4.43m NOK → 6.40m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.87m NOK 3.60m NOK
-6.8%
Operating result
+702.1k NOK +2.41m NOK
+243.2%
Net result
+128.4k NOK +1.97m NOK
+1433.1%
Equity
4.43m NOK 6.40m NOK
+44.4%
Cash
502.5k NOK 4.92m NOK
+879.7%
Total assets
5.39m NOK 7.30m NOK
+35.5%

What improved

  • ↑

    Operating result improved

    Operating result +702.1k NOK → +2.41m NOK (op. margin 18.2% → 66.9%). Calculated

  • ↑

    Net result improved

    Net result +128.4k NOK → +1.97m NOK (net margin 3.3% → 54.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.43m NOK → 6.40m NOK (equity ratio 82.3% → 87.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 502.5k NOK → 4.92m NOK (+879.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.87m NOK to 3.60m NOK (-6.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 1.06m NOK (0% → 29% of revenue). Calculated