Org.nr 883 603 362 2022 → 2023 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
2.96bn NOK 1.04m NOK
-100.0%
Operating result
+241.39m NOK +259.1k NOK
-99.9%
Net result
+282.44m NOK +181.25m NOK
-35.8%
Equity
633.18m NOK 634.4k NOK
-99.9%
Cash
601.96m NOK 437.43m NOK
-27.3%
Total assets
3.47bn NOK 3.63bn NOK
+4.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.96bn NOK to 1.04m NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +241.39m NOK → +259.1k NOK (op. margin 8.2% → 24.9%). Calculated

  • ↓

    Net result weakened

    Net result +282.44m NOK → +181.25m NOK (net margin 9.5% → 17450.8%). Calculated

  • ↓

    Equity eroded

    Book equity 633.18m NOK → 634.4k NOK (equity ratio 18.2% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 601.96m NOK → 437.43m NOK (-27.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation