Org.nr 994 985 108 2023 → 2024 Year-over-year analysis

ABS AS: årsregnskap 2024 vs 2023

Shrank 10% on revenue, stronger earnings

approved 2025-06-17; registry 2025-07-26; journal 2025 699079

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABS AS. Revenue 110.97m NOK → 100.33m NOK (-9.6%). Net result +86.4k NOK → +3.13m NOK. Equity 16.40m NOK → 18.53m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABS AS.

Scorecard

Revenue
110.97m NOK 100.33m NOK
-9.6%
Operating result
+2.78m NOK +6.76m NOK
+142.9%
Net result
+86.4k NOK +3.13m NOK
+3520.8%
Equity
16.40m NOK 18.53m NOK
+13.0%
Cash
604.5k NOK 662.4k NOK
+9.6%
Total assets
67.80m NOK 65.17m NOK
-3.9%

What improved

  • ↑

    Operating result improved

    Operating result +2.78m NOK → +6.76m NOK (op. margin 2.5% → 6.7%). Calculated

  • ↑

    Net result improved

    Net result +86.4k NOK → +3.13m NOK (net margin 0.1% → 3.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.40m NOK → 18.53m NOK (equity ratio 24.2% → 28.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 604.5k NOK → 662.4k NOK (+9.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 110.97m NOK to 100.33m NOK (-9.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 21.78m NOK → 22.10m NOK (20% → 22% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 84.10m NOK → 61.45m NOK (-26.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 16.6k NOK → 7 650 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 31 → 38. Reported fact