ABN SCANDINAVIA AS: årsregnskap 2024 vs 2023
Grew 40% on revenue, weaker earnings, cash halved-plus
approved 2025-01-30; registry 2025-02-06; journal 2025 305710
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABN SCANDINAVIA AS. Revenue 63.11m NOK → 88.39m NOK (+40.1%). Net result +3.04m NOK → +1.41m NOK. Equity 4.82m NOK → 5.29m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ABN SCANDINAVIA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 63.11m NOK to 88.39m NOK (+40.1% YoY). Calculated
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Equity strengthened
Book equity 4.82m NOK → 5.29m NOK (equity ratio 28.8% → 31.7%). Calculated
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Payroll decreased
Salary cost 2.84m NOK → 2.83m NOK (5% → 3% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4.22m NOK → +1.52m NOK (op. margin 6.7% → 1.7%). Calculated
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↓
Net result weakened
Net result +3.04m NOK → +1.41m NOK (net margin 4.8% → 1.6%). Calculated
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Cash fell
Bank deposits 8.83m NOK → 3.19m NOK (-63.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.83m NOK → 3.19m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 49.78m NOK → 76.37m NOK (+53.4% YoY). Calculated