Org.nr 912 422 674 2022 → 2023 Year-over-year analysis

ABO HOLDING AS: årsregnskap 2023 vs 2022

Stronger earnings, cash halved-plus

approved 2024-08-14; registry 2024-09-04; journal 2024 740418

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABO HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +3.45m NOK → +8.64m NOK. Equity 17.65m NOK → 25.28m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABO HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-166.2k NOK -51.7k NOK
+68.9%
Net result
+3.45m NOK +8.64m NOK
+150.1%
Equity
17.65m NOK 25.28m NOK
+43.3%
Cash
5.31m NOK 190.8k NOK
-96.4%
Total assets
18.01m NOK 26.38m NOK
+46.5%

What improved

  • ↑

    Operating result improved

    Operating result -166.2k NOK → -51.7k NOK. Calculated

  • ↑

    Net result improved

    Net result +3.45m NOK → +8.64m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.65m NOK → 25.28m NOK (equity ratio 98.0% → 95.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.31m NOK → 190.8k NOK (-96.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.31m NOK → 190.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 7.67m NOK → 16.34m NOK. Reported fact