Org.nr 962 238 742 2023 → 2024 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2024 vs 2023

Shrank 23% on revenue, returned to profit, fresh owner capital

approved 2025-06-26; registry 2025-07-01; journal 2025 599655

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABL GROUP NORWAY AS. Revenue 22.23m NOK → 17.03m NOK (-23.4%). Net result -572.8k NOK → +642.5k NOK. Equity 11.83m NOK → 139.56m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABL GROUP NORWAY AS.

Scorecard

Revenue
22.23m NOK 17.03m NOK
-23.4%
Operating result
-1.44m NOK +3.93m NOK
+372.9%
Net result
-572.8k NOK +642.5k NOK
+212.2%
Equity
11.83m NOK 139.56m NOK
+1079.9%
Cash
158 NOK 5 467 NOK
+3360.1%
Total assets
24.67m NOK 262.30m NOK
+963.1%

What improved

  • ↑

    Operating result improved

    Operating result -1.44m NOK → +3.93m NOK (op. margin -6.5% → 23.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 572.8k NOK to a profit of 642.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 11.83m NOK → 139.56m NOK (equity ratio 47.9% → 53.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 158 NOK → 5 467 NOK (+3360.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 11.83m NOK → 142.74m NOK (+130.91m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.23m NOK to 17.03m NOK (-23.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.86× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.01m NOK → 2.82m NOK (-53.0% YoY). Calculated