ABOVE AS: årsregnskap 2023 vs 2022
Grew 44% on revenue, stronger earnings, cash halved-plus
approved 2024-05-28; registry 2024-07-06; journal 2024 603794
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABOVE AS. Revenue 277.8k NOK → 399.6k NOK (+43.9%). Net result +92.1k NOK → +160.2k NOK. Equity 2.48m NOK → 2.64m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABOVE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 277.8k NOK to 399.6k NOK (+43.9% YoY). Calculated
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Operating result improved
Operating result +128.2k NOK → +204.1k NOK (op. margin 46.2% → 51.1%). Calculated
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Net result improved
Net result +92.1k NOK → +160.2k NOK (net margin 33.2% → 40.1%). Calculated
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Equity strengthened
Book equity 2.48m NOK → 2.64m NOK (equity ratio 88.3% → 98.8%). Calculated
What deteriorated
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Cash fell
Bank deposits 161.2k NOK → 21.5k NOK (-86.7% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 9.06× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 2.64m NOK → 2.65m NOK. Reported fact