ABRAFAM HOLDING AS: årsregnskap 2023 vs 2022
Grew 18% on revenue, cash halved-plus
approved 2024-03-16; registry 2024-04-04; journal 2024 341369
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABRAFAM HOLDING AS. Revenue 21.83m NOK → 25.68m NOK (+17.6%). Net result +21.76m NOK → +25.37m NOK. Equity 94.35m NOK → 86.12m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABRAFAM HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.83m NOK to 25.68m NOK (+17.6% YoY). Calculated
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↑
Operating result improved
Operating result +21.67m NOK → +25.27m NOK (op. margin 99.2% → 98.4%). Calculated
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↑
Net result improved
Net result +21.76m NOK → +25.37m NOK (net margin 99.7% → 98.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 94.35m NOK → 86.12m NOK (equity ratio 79.2% → 65.5%). Calculated
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↓
Cash fell
Bank deposits 4.46m NOK → 4 456 NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.46m NOK → 4 456 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 113.36m NOK → 3 NOK. Reported fact