Org.nr 929 378 024 2022 → 2023 Year-over-year analysis

ABSALONSEN TRANSPORT AS: årsregnskap 2023 vs 2022

Grew 111% on revenue, returned to profit

approved 2024-06-29; registry 2024-08-02; journal 2024 701395

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABSALONSEN TRANSPORT AS. Revenue 1.55m NOK → 3.27m NOK (+110.8%). Net result -2 400 NOK → +4.29m NOK. Equity -66.3k NOK → 4.22m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABSALONSEN TRANSPORT AS.

Scorecard

Revenue
1.55m NOK 3.27m NOK
+110.8%
Operating result
+15.1k NOK +309.6k NOK
+1945.5%
Net result
-2 400 NOK +4.29m NOK
+178722.0%
Equity
-66.3k NOK 4.22m NOK
+6469.4%
Cash
17.2k NOK 450.4k NOK
+2518.2%
Total assets
562.4k NOK 37.0k NOK
-93.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.55m NOK to 3.27m NOK (+110.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +15.1k NOK → +309.6k NOK (op. margin 1.0% → 9.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2 400 NOK to a profit of 4.29m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -66.3k NOK → 4.22m NOK (equity ratio -11.8% → 11422.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.2k NOK → 450.4k NOK (+2518.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 164.2k NOK → 341.1k NOK (11% → 10% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 256.4k NOK → 357.3k NOK (+39.4% YoY). Calculated