ABL GROUP NORWAY AS: årsregnskap 2023 vs 2022
Shrank 10% on revenue, slipped into loss
approved 2024-06-21; registry 2024-07-10; journal 2024 610989
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABL GROUP NORWAY AS. Revenue 24.63m NOK → 22.23m NOK (-9.7%). Net result +909.8k NOK → -572.8k NOK. Equity 12.66m NOK → 11.83m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABL GROUP NORWAY AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.63m NOK to 22.23m NOK (-9.7% YoY). Calculated
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↓
Operating result weakened
Operating result +233.7k NOK → -1.44m NOK (op. margin 0.9% → -6.5%). Calculated
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Fell into a net loss
Net result flipped from 909.8k NOK profit to a loss of 572.8k NOK. Calculated
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↓
Equity eroded
Book equity 12.66m NOK → 11.83m NOK (equity ratio 64.9% → 47.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 9.80m NOK → 13.08m NOK (40% → 59% of revenue). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 12.41m NOK → 11.83m NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 8.76m NOK → 6.01m NOK (-31.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 330.3k NOK → 6 NOK. Reported fact