Org.nr 917 533 458 2023 → 2024 Year-over-year analysis

ABSEC AS: årsregnskap 2024 vs 2023

Shrank 40% on revenue, returned to profit

approved 2025-03-28; registry 2025-04-03; journal 2025 361118

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABSEC AS. Revenue 616.1k NOK → 368.8k NOK (-40.2%). Net result -6 623 NOK → +41.8k NOK. Equity 5 861 NOK → 47.7k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSEC AS.

Scorecard

Revenue
616.1k NOK 368.8k NOK
-40.2%
Operating result
-6 631 NOK +41.8k NOK
+730.6%
Net result
-6 623 NOK +41.8k NOK
+731.4%
Equity
5 861 NOK 47.7k NOK
+713.5%
Cash
30.9k NOK 27.5k NOK
-11.2%
Total assets
136.4k NOK 55.0k NOK
-59.7%

What improved

  • ↑

    Operating result improved

    Operating result -6 631 NOK → +41.8k NOK (op. margin -1.1% → 11.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6 623 NOK to a profit of 41.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5 861 NOK → 47.7k NOK (equity ratio 4.3% → 86.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 616.1k NOK to 368.8k NOK (-40.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 30.9k NOK → 27.5k NOK (-11.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 468.5k NOK → 238.0k NOK (-49.2% YoY). Calculated