Org.nr 962 225 217 2022 → 2023 Year-over-year analysis

ABLE PRODUCTS AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-18; registry 2024-06-03; journal 2024 406747

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABLE PRODUCTS AS. Net result +2.02m NOK → +1.48m NOK. Equity 10.92m NOK → 11.40m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Operating result
-38.7k NOK -50.6k NOK
-30.6%
Net result
+2.02m NOK +1.48m NOK
-26.9%
Equity
10.92m NOK 11.40m NOK
+4.4%
Cash
105.7k NOK 614.9k NOK
+481.9%
Total assets
11.95m NOK 12.44m NOK
+4.2%

What improved

  • ↑

    Equity strengthened

    Book equity 10.92m NOK → 11.40m NOK (equity ratio 91.4% → 91.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 105.7k NOK → 614.9k NOK (+481.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -38.7k NOK → -50.6k NOK. Calculated

  • ↓

    Net result weakened

    Net result +2.02m NOK → +1.48m NOK. Calculated