Org.nr 896 357 522 2022 → 2023 Year-over-year analysis

ABS-MASKIN AS: årsregnskap 2023 vs 2022

Shrank 8% on revenue, weaker earnings

approved 2024-02-29; registry 2024-03-23; journal 2024 334069

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABS-MASKIN AS. Revenue 68.10m NOK → 62.73m NOK (-7.9%). Net result +6.41m NOK → +320.6k NOK. Equity 16.67m NOK → 16.99m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
68.10m NOK 62.73m NOK
-7.9%
Operating result
+6.74m NOK -343.4k NOK
-105.1%
Net result
+6.41m NOK +320.6k NOK
-95.0%
Equity
16.67m NOK 16.99m NOK
+1.9%
Cash
7.08m NOK 8.80m NOK
+24.2%
Total assets
36.36m NOK 42.07m NOK
+15.7%

What improved

  • ↑

    Equity strengthened

    Book equity 16.67m NOK → 16.99m NOK (equity ratio 45.8% → 40.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 7.08m NOK → 8.80m NOK (+24.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 68.10m NOK to 62.73m NOK (-7.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.74m NOK → -343.4k NOK (op. margin 9.9% → -0.5%). Calculated

  • ↓

    Net result weakened

    Net result +6.41m NOK → +320.6k NOK (net margin 9.4% → 0.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 45.73m NOK → 45.63m NOK (-0.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 198.0k NOK → 45.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 10 → 13. Reported fact