ABG REAL ESTATE MANAGEMENT AS: årsregnskap 2024 vs 2023
Shrank 42% on revenue, weaker earnings
approved 2025-06-27; registry 2025-07-28; journal 2025 711386
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABG REAL ESTATE MANAGEMENT AS. Revenue 5.61m NOK → 3.26m NOK (-41.9%). Net result +2.16m NOK → +164.1k NOK. Equity 89.7k NOK → 53.8k NOK.
On the constructive side: cash rose; payroll decreased. 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 ABG REAL ESTATE MANAGEMENT AS.
At a glance
Scorecard
What improved
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Cash rose
Bank deposits 1.26m NOK → 2.61m NOK (+107.6% YoY). Calculated
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Payroll decreased
Salary cost 2.62m NOK → 2.35m NOK (47% → 72% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.61m NOK to 3.26m NOK (-41.9% YoY). Calculated
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↓
Operating result weakened
Operating result +2.79m NOK → +400.7k NOK (op. margin 49.7% → 12.3%). Calculated
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↓
Net result weakened
Net result +2.16m NOK → +164.1k NOK (net margin 38.5% → 5.0%). Calculated
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Equity eroded
Book equity 89.7k NOK → 53.8k NOK (equity ratio 1.5% → 1.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation