ABM ENTREPRENØR AS: årsregnskap 2023 vs 2022
Grew 445% on revenue, stronger earnings, cash halved-plus
approved 2024-07-12; registry 2024-07-15; journal 2024 640921
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABM ENTREPRENØR AS. Revenue 523.8k NOK → 2.85m NOK (+444.5%). Net result -184.1k NOK → -113.8k NOK. Equity -276.4k NOK → -390.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABM ENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 523.8k NOK to 2.85m NOK (+444.5% YoY). Calculated
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↑
Operating result improved
Operating result -177.6k NOK → -88.1k NOK (op. margin -33.9% → -3.1%). Calculated
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↑
Net result improved
Net result -184.1k NOK → -113.8k NOK (net margin -35.1% → -4.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -276.4k NOK → -390.2k NOK (equity ratio -266.1% → -293.5%). Calculated
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↓
Cash fell
Bank deposits 103.9k NOK → 11.5k NOK (-88.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -293.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.33m NOK → 1.58m NOK (254% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 108.1k NOK → 744.6k NOK (+588.9% YoY). Calculated