ABILITY MANAGEMENT AS: årsregnskap 2023 vs 2022
Grew 25% on revenue, stronger earnings
approved 2024-06-06; registry 2024-07-25; journal 2024 590779
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABILITY MANAGEMENT AS. Revenue 36.67m NOK → 45.80m NOK (+24.9%). Net result +3.91m NOK → +5.45m NOK. Equity 10.58m NOK → 9.88m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILITY MANAGEMENT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 36.67m NOK to 45.80m NOK (+24.9% YoY). Calculated
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Operating result improved
Operating result -3.73m NOK → +5.72m NOK (op. margin -10.2% → 12.5%). Calculated
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Net result improved
Net result +3.91m NOK → +5.45m NOK (net margin 10.7% → 11.9%). Calculated
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Payroll decreased
Salary cost 27.09m NOK → 25.64m NOK (74% → 56% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.58m NOK → 9.88m NOK (equity ratio 7.3% → 7.1%). Calculated
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Cash fell
Bank deposits 746.8k NOK → 563.2k NOK (-24.6% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 81.6k NOK → -358.9k NOK (-539.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 52.90m NOK → 54.50m NOK. Reported fact