FirmaIQ
Org.nr 979 633 793 2022 → 2023 Year-over-year analysis

ABSOLUT EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 97% on revenue, slipped into loss, cash halved-plus

approved 2024-07-02; registry 2024-07-03; journal 2024 596008

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABSOLUT EIENDOM AS. Revenue 4.48m NOK → 156.5k NOK (-96.5%). Net result +133.4k NOK → -7.87m NOK. Equity 11.99m NOK → 4.13m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABSOLUT EIENDOM AS.

At a glance

Scorecard

Revenue
4.48m NOK 156.5k NOK
-96.5%
Operating result
+951.1k NOK -363.5k NOK
-138.2%
Net result
+133.4k NOK -7.87m NOK
-5998.3%
Equity
11.99m NOK 4.13m NOK
-65.6%
Cash
1.45m NOK 275.2k NOK
-81.1%
Total assets
12.59m NOK 4.53m NOK
-64.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.48m NOK to 156.5k NOK (-96.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +951.1k NOK → -363.5k NOK (op. margin 21.2% → -232.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 133.4k NOK profit to a loss of 7.87m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.99m NOK → 4.13m NOK (equity ratio 95.2% → 91.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.45m NOK → 275.2k NOK (-81.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.45m NOK → 275.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 7.56m NOK → 4 NOK. Reported fact