Org.nr 916 207 395 2022 → 2023 Year-over-year analysis

ABRAZO AS: årsregnskap 2023 vs 2022

Grew 112700% on revenue, slipped into loss

approved 2024-04-16; registry 2024-04-29; journal 2024 380910

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABRAZO AS. Revenue 3 NOK → 3 384 NOK (+112700.0%). Net result +35.5k NOK → -141.6k NOK. Equity 3.24m NOK → 3.10m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRAZO AS.

Scorecard

Revenue
3 NOK 3 384 NOK
+112700.0%
Operating result
-18.3k NOK -136.8k NOK
-645.7%
Net result
+35.5k NOK -141.6k NOK
-499.0%
Equity
3.24m NOK 3.10m NOK
-4.4%
Cash
757.2k NOK 625.6k NOK
-17.4%
Total assets
3.48m NOK 3.32m NOK
-4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 NOK to 3 384 NOK (+112700.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -18.3k NOK → -136.8k NOK (op. margin -611633.3% → -4043.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 35.5k NOK profit to a loss of 141.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.24m NOK → 3.10m NOK (equity ratio 93.2% → 93.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 757.2k NOK → 625.6k NOK (-17.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 64.98× → -1299107.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.85m NOK → 1.98m NOK. Reported fact