Org.nr 922 737 274 2022 → 2023 Year-over-year analysis

ABLE SOLUTIONS AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-04-08; registry 2024-06-03; journal 2024 475930

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABLE SOLUTIONS AS. Revenue 2.72m NOK → 2.67m NOK (-1.8%). Net result +818.2k NOK → +491.5k NOK. Equity 30.0k NOK → 521.5k NOK.

On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.72m NOK 2.67m NOK
-1.8%
Operating result
+47.5k NOK +633.7k NOK
+1233.7%
Net result
+818.2k NOK +491.5k NOK
-39.9%
Equity
30.0k NOK 521.5k NOK
+1638.2%
Cash
820.6k NOK 437.9k NOK
-46.6%
Total assets
373.1k NOK 1.01m NOK
+171.4%

What improved

  • ↑

    Operating result improved

    Operating result +47.5k NOK → +633.7k NOK (op. margin 1.7% → 23.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 521.5k NOK (equity ratio 8.0% → 51.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 1.91×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.72m NOK to 2.67m NOK (-1.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +818.2k NOK → +491.5k NOK (net margin 30.1% → 18.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 820.6k NOK → 437.9k NOK (-46.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.31m NOK → 1.65m NOK (48% → 62% of revenue). Calculated