Org.nr 843 812 392 2022 → 2023 Year-over-year analysis

ABRAHAMSEN EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 20% on revenue, weaker earnings, cash halved-plus

approved 2024-07-04; registry 2024-07-06; journal 2024 608079

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABRAHAMSEN EIENDOM AS. Revenue 407.3k NOK → 324.4k NOK (-20.3%). Net result +133.5k NOK → +36.3k NOK. Equity 140.0k NOK → 176.3k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRAHAMSEN EIENDOM AS.

Scorecard

Revenue
407.3k NOK 324.4k NOK
-20.3%
Operating result
+137.8k NOK +55.9k NOK
-59.4%
Net result
+133.5k NOK +36.3k NOK
-72.8%
Equity
140.0k NOK 176.3k NOK
+26.0%
Cash
13.7k NOK 5 213 NOK
-62.0%

What improved

  • ↑

    Equity strengthened

    Book equity 140.0k NOK → 176.3k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 407.3k NOK to 324.4k NOK (-20.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +137.8k NOK → +55.9k NOK (op. margin 33.8% → 17.2%). Calculated

  • ↓

    Net result weakened

    Net result +133.5k NOK → +36.3k NOK (net margin 32.8% → 11.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.7k NOK → 5 213 NOK (-62.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 65.7k NOK → 44.6k NOK (-32.1% YoY). Calculated