ABICON AS: årsregnskap 2023 vs 2022
Shrank 93% on revenue, weaker earnings
approved 2024-09-13; registry 2024-09-18; journal 2024 747303
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABICON AS. Revenue 995.2k NOK → 72.3k NOK (-92.7%). Net result +265.1k NOK → +168.9k NOK. Equity 4.98m NOK → 5.15m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABICON AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.98m NOK → 5.15m NOK (equity ratio 96.7% → 97.3%). Calculated
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↑
Cash rose
Bank deposits 48.0k NOK → 67.6k NOK (+40.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.88× → 1.23×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 995.2k NOK to 72.3k NOK (-92.7% YoY). Calculated
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↓
Operating result weakened
Operating result +355.7k NOK → +221.5k NOK (op. margin 35.7% → 306.3%). Calculated
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↓
Net result weakened
Net result +265.1k NOK → +168.9k NOK (net margin 26.6% → 233.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 307.6k NOK → 393.4k NOK. Reported fact