Org.nr 925 130 656 2022 → 2023 Year-over-year analysis

ABISCO AS: årsregnskap 2023 vs 2022

Grew 201% on revenue, returned to profit, cash halved-plus

approved 2024-06-28; registry 2024-07-23; journal 2024 661840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABISCO AS. Revenue 1.26m NOK → 3.79m NOK (+201.1%). Net result -4.76m NOK → +2.10m NOK. Equity 46.21m NOK → 43.31m NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABISCO AS.

Scorecard

Revenue
1.26m NOK 3.79m NOK
+201.1%
Operating result
-5.61m NOK +1.94m NOK
+134.6%
Net result
-4.76m NOK +2.10m NOK
+144.2%
Equity
46.21m NOK 43.31m NOK
-6.3%
Cash
3.03m NOK 310.2k NOK
-89.8%
Total assets
58.24m NOK 55.05m NOK
-5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.26m NOK to 3.79m NOK (+201.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -5.61m NOK → +1.94m NOK (op. margin -445.9% → 51.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 4.76m NOK to a profit of 2.10m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 46.21m NOK → 43.31m NOK (equity ratio 79.3% → 78.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.03m NOK → 310.2k NOK (-89.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.03m NOK → 310.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 48.47m NOK → 43.47m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 14.28m NOK → 14.31m NOK. Reported fact