ABG BUSINESS MANAGEMENT AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-06-24; registry 2024-06-29; journal 2024 546137
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABG BUSINESS MANAGEMENT AS. Revenue 10.67m NOK → 10.94m NOK (+2.5%). Net result +634.8k NOK → +412.6k NOK. Equity 207.0k NOK → 151.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABG BUSINESS MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.67m NOK to 10.94m NOK (+2.5% YoY). Calculated
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↑
Cash rose
Bank deposits 6.22m NOK → 6.33m NOK (+1.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +2.13m NOK → +696.4k NOK (op. margin 20.0% → 6.4%). Calculated
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↓
Net result weakened
Net result +634.8k NOK → +412.6k NOK (net margin 6.0% → 3.8%). Calculated
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↓
Equity eroded
Book equity 207.0k NOK → 151.5k NOK (equity ratio 2.9% → 2.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 6.47m NOK → 7.14m NOK (61% → 65% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 4.5 → 4.8. Reported fact