ABS SHOOTING AS: årsregnskap 2024 vs 2023
Grew 11% on revenue, cash halved-plus
approved 2025-04-09; registry 2025-05-08; journal 2025 380114
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABS SHOOTING AS. Revenue 8.57m NOK → 9.48m NOK (+10.7%). Net result +686.2k NOK → +565.7k NOK. Equity 3.96m NOK → 1.79m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ABS SHOOTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.57m NOK to 9.48m NOK (+10.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +902.2k NOK → +757.1k NOK (op. margin 10.5% → 8.0%). Calculated
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↓
Net result weakened
Net result +686.2k NOK → +565.7k NOK (net margin 8.0% → 6.0%). Calculated
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↓
Equity eroded
Book equity 3.96m NOK → 1.79m NOK (equity ratio 86.1% → 58.6%). Calculated
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↓
Cash fell
Bank deposits 3.72m NOK → 997.5k NOK (-73.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.72m NOK → 997.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 60.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 2.70m NOK → 2.75m NOK (32% → 29% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 6.55m NOK → 7.39m NOK (+12.8% YoY). Calculated