ABOVEIT AS: årsregnskap 2023 vs 2022
Grew 23% on revenue, stronger earnings
approved 2024-05-22; registry 2024-06-11; journal 2024 452386
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABOVEIT AS. Revenue 127.42m NOK → 156.14m NOK (+22.5%). Net result +10.99m NOK → +14.93m NOK. Equity 15.15m NOK → 20.05m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ABOVEIT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 127.42m NOK to 156.14m NOK (+22.5% YoY). Calculated
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Net result improved
Net result +10.99m NOK → +14.93m NOK (net margin 8.6% → 9.6%). Calculated
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↑
Equity strengthened
Book equity 15.15m NOK → 20.05m NOK (equity ratio 26.5% → 32.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +14.25m NOK → +7.24m NOK (op. margin 11.2% → 4.6%). Calculated
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↓
Cash fell
Bank deposits 27.49m NOK → 14.00m NOK (-49.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 230.0k NOK → 730 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 99.78m NOK → 2.13bn NOK (78% → 1366% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 1 101 NOK → 2 200 NOK. Reported fact