Org.nr 821 643 422 2022 → 2023 Year-over-year analysis

ABS FREMOVER AS: årsregnskap 2023 vs 2022

Stronger earnings, cash halved-plus

approved 2024-08-01; registry 2024-08-12; journal 2024 723678

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABS FREMOVER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -225.2k NOK → -148.5k NOK. Equity 82.7k NOK → -65.9k NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABS FREMOVER AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-74.1k NOK -148.5k NOK
-100.5%
Net result
-225.2k NOK -148.5k NOK
+34.0%
Equity
82.7k NOK -65.9k NOK
-179.7%
Cash
10.1k NOK 3 658 NOK
-63.9%
Total assets
131.6k NOK 25.1k NOK
-80.9%

What improved

  • ↑

    Net result improved

    Net result -225.2k NOK → -148.5k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -74.1k NOK → -148.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 82.7k NOK → -65.9k NOK (equity ratio 62.8% → -262.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.1k NOK → 3 658 NOK (-63.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -262.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 121.4k NOK → 0 NOK. Reported fact