FirmaIQ
Org.nr 914 042 232 2022 → 2023 Year-over-year analysis

ABICO AS: årsregnskap 2023 vs 2022

Shrank 6% on revenue, stronger earnings

approved 2024-05-14; registry 2024-06-05; journal 2024 421673

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABICO AS. Revenue 44.46m NOK → 41.67m NOK (-6.3%). Net result +761.4k NOK → +1.46m NOK. Equity 4.88m NOK → 6.34m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABICO AS.

At a glance

Scorecard

Revenue
44.46m NOK 41.67m NOK
-6.3%
Operating result
+3.62m NOK +1.93m NOK
-46.8%
Net result
+761.4k NOK +1.46m NOK
+91.6%
Equity
4.88m NOK 6.34m NOK
+29.9%
Cash
1.85m NOK 3.92m NOK
+112.6%
Total assets
7.81m NOK 8.58m NOK
+9.9%

What improved

  • ↑

    Net result improved

    Net result +761.4k NOK → +1.46m NOK (net margin 1.7% → 3.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.88m NOK → 6.34m NOK (equity ratio 62.5% → 73.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.85m NOK → 3.92m NOK (+112.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.91m NOK → 3.82m NOK (11% → 9% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 44.46m NOK to 41.67m NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.62m NOK → +1.93m NOK (op. margin 8.1% → 4.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 28.80m NOK → 31.55m NOK (+9.5% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 9 → 6. Reported fact