ABILITY HOLDING AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
approved 2024-06-30; registry 2024-07-13; journal 2024 620678
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABILITY HOLDING AS. Net result -5.74m NOK → -7.89m NOK. Equity 17.46m NOK → 9.57m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABILITY HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -457.2k NOK → -456.0k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result -5.74m NOK → -7.89m NOK. Calculated
-
↓
Equity eroded
Book equity 17.46m NOK → 9.57m NOK (equity ratio 74.2% → 65.1%). Calculated
-
↓
Cash fell
Bank deposits 3.80m NOK → 311.0k NOK (-91.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.80m NOK → 311.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 3.72m NOK → 721.9k NOK. Reported fact