ABSHERON AS: årsregnskap 2023 vs 2022
Grew 33233% on revenue, slipped into loss
approved 2024-08-20; registry 2024-08-22; journal 2024 735081
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABSHERON AS. Revenue 600 NOK → 200.0k NOK (+33233.3%). Net result +484.5k NOK → -253.6k NOK. Equity 251.9k NOK → -1 724 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABSHERON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 600 NOK to 200.0k NOK (+33233.3% YoY). Calculated
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↑
Cash rose
Bank deposits 35.6k NOK → 223.3k NOK (+526.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.72× → 2.20×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +523.5k NOK → -19.3k NOK (op. margin 87244.0% → -9.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 484.5k NOK profit to a loss of 253.6k NOK. Calculated
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↓
Equity eroded
Book equity 251.9k NOK → -1 724 NOK (equity ratio 4.7% → -0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.80m NOK → 2.16m NOK. Reported fact