ABS AS: årsregnskap 2023 vs 2022
Grew 35% on revenue, weaker earnings
approved 2024-06-13; registry 2024-07-16; journal 2024 632487
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABS AS. Revenue 82.39m NOK → 110.97m NOK (+34.7%). Net result +1.67m NOK → +86.4k NOK. Equity 16.31m NOK → 16.40m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 82.39m NOK to 110.97m NOK (+34.7% YoY). Calculated
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↑
Equity strengthened
Book equity 16.31m NOK → 16.40m NOK (equity ratio 27.5% → 24.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +3.62m NOK → +2.78m NOK (op. margin 4.4% → 2.5%). Calculated
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↓
Net result weakened
Net result +1.67m NOK → +86.4k NOK (net margin 2.0% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 663.1k NOK → 604.5k NOK (-8.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 19.72m NOK → 21.78m NOK (24% → 20% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 66.73m NOK → 84.10m NOK (+26.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.5k NOK → 16.6k NOK. Reported fact