ABRACADABRAMAT AS: årsregnskap 2023 vs 2022
Shrank 19% on revenue, slipped into loss
approved 2024-05-11; registry 2024-06-06; journal 2024 489711
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABRACADABRAMAT AS. Revenue 2.61m NOK → 2.13m NOK (-18.6%). Net result +141.6k NOK → -25.4k NOK. Equity 579.1k NOK → 353.6k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ABRACADABRAMAT AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.15× → 1.69×. Calculated
-
↑
Payroll decreased
Salary cost 912.7k NOK → 1 NOK (35% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.61m NOK to 2.13m NOK (-18.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +237.4k NOK → -25.6k NOK (op. margin 9.1% → -1.2%). Calculated
-
↓
Fell into a net loss
Net result flipped from 141.6k NOK profit to a loss of 25.4k NOK. Calculated
-
↓
Equity eroded
Book equity 579.1k NOK → 353.6k NOK (equity ratio 236.3% → 45.3%). Calculated
-
↓
Cash fell
Bank deposits 934.2k NOK → 532.9k NOK (-43.0% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 450.0k NOK → 250.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 855.3k NOK → 653.6k NOK (-23.6% YoY). Calculated