Org.nr 976 842 790 2022 → 2023 Year-over-year analysis

ABRAKADABRA COMMUNICATION AS: årsregnskap 2023 vs 2022

Shrank 35% on revenue, slipped into loss

approved 2024-11-11; registry 2024-11-16; journal 2024 756260

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABRAKADABRA COMMUNICATION AS. Revenue 468.9k NOK → 302.5k NOK (-35.5%). Net result +10.3k NOK → -640.3k NOK. Equity 1.97m NOK → 1.33m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABRAKADABRA COMMUNICATION AS.

Scorecard

Revenue
468.9k NOK 302.5k NOK
-35.5%
Operating result
+9 772 NOK -253.8k NOK
-2697.0%
Net result
+10.3k NOK -640.3k NOK
-6292.7%
Equity
1.97m NOK 1.33m NOK
-32.4%
Cash
18.0k NOK 404.3k NOK
+2146.8%
Total assets
2.42m NOK 1.82m NOK
-24.6%

What improved

  • ↑

    Cash rose

    Bank deposits 18.0k NOK → 404.3k NOK (+2146.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 468.9k NOK to 302.5k NOK (-35.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +9 772 NOK → -253.8k NOK (op. margin 2.1% → -83.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 10.3k NOK profit to a loss of 640.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.97m NOK → 1.33m NOK (equity ratio 81.6% → 73.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 50.8k NOK → 36.2k NOK (-28.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 350.7k NOK → 5 100 NOK. Reported fact