ABRAHAMSEN & CO HOLDING AS: årsregnskap 2023 vs 2022
Grew 33% on revenue, weaker earnings, cash halved-plus
approved 2024-06-27; registry 2024-07-30; journal 2024 686951
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABRAHAMSEN & CO HOLDING AS. Revenue 78.0k NOK → 103.6k NOK (+32.9%). Net result +183.5k NOK → +35.6k NOK. Equity 593.4k NOK → 629.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRAHAMSEN & CO HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 78.0k NOK to 103.6k NOK (+32.9% YoY). Calculated
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↑
Operating result improved
Operating result +59.2k NOK → +85.2k NOK (op. margin 75.9% → 82.2%). Calculated
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↑
Equity strengthened
Book equity 593.4k NOK → 629.0k NOK (equity ratio 13.3% → 13.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +183.5k NOK → +35.6k NOK (net margin 235.3% → 34.4%). Calculated
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↓
Cash fell
Bank deposits 12.6k NOK → 4 187 NOK (-66.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4.45m NOK → 4.45m NOK. Reported fact