Org.nr 929 297 075 2022 → 2023 Year-over-year analysis

ABS AUTO AS: årsregnskap 2023 vs 2022

Grew 660582% on revenue, slipped into loss, cash halved-plus

approved 2024-07-11; registry 2024-08-06; journal 2024 641038

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABS AUTO AS. Revenue 1 312 NOK → 8.67m NOK (+660581.9%). Net result +76.8k NOK → -17.1k NOK. Equity 106.8k NOK → 89.8k NOK.

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

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

Scorecard

Revenue
1 312 NOK 8.67m NOK
+660581.9%
Operating result
+98.7k NOK +14.9k NOK
-84.9%
Net result
+76.8k NOK -17.1k NOK
-122.2%
Equity
106.8k NOK 89.8k NOK
-16.0%
Cash
115.1k NOK 11.6k NOK
-89.9%
Total assets
1.34m NOK 824.7k NOK
-38.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 312 NOK to 8.67m NOK (+660581.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +98.7k NOK → +14.9k NOK (op. margin 7522.6% → 0.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 76.8k NOK profit to a loss of 17.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 106.8k NOK → 89.8k NOK (equity ratio 8.0% → 10.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 115.1k NOK → 11.6k NOK (-89.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 849.8k NOK → 599.5k NOK (-29.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact