ABOVA AS: årsregnskap 2023 vs 2022
Grew 124% on revenue, returned to profit, cash halved-plus
approved 2024-06-24; registry 2024-07-22; journal 2024 657860
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABOVA AS. Revenue -952.9k NOK → 224.3k NOK (+123.5%). Net result -973.5k NOK → +309.6k NOK. Equity 13.78m NOK → 6.75m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ABOVA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from -952.9k NOK to 224.3k NOK (+123.5% YoY). Calculated
-
↑
Operating result improved
Operating result -1.03m NOK → +175.2k NOK (op. margin 108.0% → 78.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 973.5k NOK to a profit of 309.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 13.78m NOK → 6.75m NOK (equity ratio 100.0% → 99.8%). Calculated
-
↓
Cash fell
Bank deposits 11.28m NOK → 2.15m NOK (-81.0% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (11.28m NOK → 2.15m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 399.6k NOK → 200.8k NOK — check capital reduction, conversion, or reclassification. Interpretation