Org.nr 924 303 832 2022 → 2023 Year-over-year analysis

ABG CONSULTING AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-07-02; registry 2024-07-04; journal 2024 599397

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABG CONSULTING AS. Net result -18.2k NOK → -29.0k NOK. Equity 31.8k NOK → 2 855 NOK.

On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK n/m
—
Operating result
-7 509 NOK -6 252 NOK
+16.7%
Net result
-18.2k NOK -29.0k NOK
-59.5%
Equity
31.8k NOK 2 855 NOK
-91.0%
Cash
233 NOK 981.2k NOK
+421030.0%
Total assets
937.7k NOK 938.5k NOK
+0.1%

What improved

  • ↑

    Operating result improved

    Operating result -7 509 NOK → -6 252 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 233 NOK → 981.2k NOK (+421030.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 3.28×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -18.2k NOK → -29.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 31.8k NOK → 2 855 NOK (equity ratio 3.4% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation