Org.nr 916 154 968 2022 → 2023 Year-over-year analysis

ABI AUTO AS: årsregnskap 2023 vs 2022

Another loss-making year

approved 2024-03-25; registry 2024-03-30; journal 2024 340578

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABI AUTO AS. Net result -18.0k NOK → -14.0k NOK. Equity -157.8k NOK → -171.8k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.

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

Scorecard

Operating result
-17.9k NOK -14.0k NOK
+21.8%
Net result
-18.0k NOK -14.0k NOK
+22.3%
Equity
-157.8k NOK -171.8k NOK
-8.9%
Cash
2 090 NOK 1 103 NOK
-47.2%
Total assets
2 337 NOK 1 103 NOK
-52.8%

What improved

  • ↑

    Operating result improved

    Operating result -17.9k NOK → -14.0k NOK. Calculated

  • ↑

    Net result improved

    Net result -18.0k NOK → -14.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -157.8k NOK → -171.8k NOK (equity ratio -6753.7% → -15577.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15577.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation