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Org.nr 917 981 655 2022 → 2023 Year-over-year analysis

ABICON GRUPPEN AS: årsregnskap 2023 vs 2022

Grew 30% on revenue, returned to profit, cash halved-plus

approved 2024-06-04; registry 2024-08-05; journal 2024 620596

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABICON GRUPPEN AS. Revenue 143.93m NOK → 186.59m NOK (+29.6%). Net result -3.20m NOK → +4.66m NOK. Equity 28.17m NOK → 26.27m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABICON GRUPPEN AS.

At a glance

Scorecard

Revenue
143.93m NOK 186.59m NOK
+29.6%
Operating result
-82.3k NOK -72.9k NOK
+11.4%
Net result
-3.20m NOK +4.66m NOK
+245.8%
Equity
28.17m NOK 26.27m NOK
-6.7%
Cash
874.9k NOK 157.2k NOK
-82.0%
Total assets
29.63m NOK 32.72m NOK
+10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 143.93m NOK to 186.59m NOK (+29.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -82.3k NOK → -72.9k NOK (op. margin -0.1% → -0.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 3.20m NOK to a profit of 4.66m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 28.17m NOK → 26.27m NOK (equity ratio 95.1% → 80.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 874.9k NOK → 157.2k NOK (-82.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3 NOK → 76.67m NOK (+2555775233.3% YoY). Calculated