ABG SUNDAL COLLIER ASA: årsregnskap 2023 vs 2022
Shrank 100% on revenue, weaker earnings
approved 2024-03-21; registry 2024-05-23; journal 2024 373376
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABG SUNDAL COLLIER ASA. Revenue 2.96bn NOK → 1.04m NOK (-100.0%). Net result +282.44m NOK → +181.25m NOK. Equity 633.18m NOK → 634.4k 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 ABG SUNDAL COLLIER ASA.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.96bn NOK to 1.04m NOK (-100.0% YoY). Calculated
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Operating result weakened
Operating result +241.39m NOK → +259.1k NOK (op. margin 8.2% → 24.9%). Calculated
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Net result weakened
Net result +282.44m NOK → +181.25m NOK (net margin 9.5% → 17450.8%). Calculated
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Equity eroded
Book equity 633.18m NOK → 634.4k NOK (equity ratio 18.2% → 0.0%). Calculated
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Cash fell
Bank deposits 601.96m NOK → 437.43m NOK (-27.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation