Org.nr 997 109 937 2023 → 2024 Year-over-year analysis

ABOVO AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-05-30; registry 2025-07-08; journal 2025 652920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABOVO AS. Revenue 623.2k NOK → 604.1k NOK (-3.1%). Net result -169.6k NOK → -43.9k NOK. Equity 27.2k NOK → -16.7k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABOVO AS.

Scorecard

Revenue
623.2k NOK 604.1k NOK
-3.1%
Operating result
-25.3k NOK -1 696 NOK
+93.3%
Net result
-169.6k NOK -43.9k NOK
+74.1%
Equity
27.2k NOK -16.7k NOK
-161.3%
Cash
137.7k NOK 165.6k NOK
+20.3%
Total assets
106.7k NOK 62.2k NOK
-41.7%

What improved

  • ↑

    Operating result improved

    Operating result -25.3k NOK → -1 696 NOK (op. margin -4.1% → -0.3%). Calculated

  • ↑

    Net result improved

    Net result -169.6k NOK → -43.9k NOK (net margin -27.2% → -7.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 137.7k NOK → 165.6k NOK (+20.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 623.2k NOK to 604.1k NOK (-3.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 27.2k NOK → -16.7k NOK (equity ratio 25.5% → -26.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.33m NOK → 3.32m NOK (373% → 550% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -26.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 251.7k NOK → 211.9k NOK (-15.8% YoY). Calculated