Org.nr 825 031 022 2022 → 2023 Year-over-year analysis

ABSOLUTE HOLDING AS: årsregnskap 2023 vs 2022

Returned to profit

registry 2024-06-25; journal 2024 539932

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABSOLUTE HOLDING AS. Net result -8 643 NOK → +488.1k NOK. Equity 3.10m NOK → 2.44m NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUTE HOLDING AS.

At a glance

Operating result

-13.5k NOK -11.9k NOK

+11.4%

Net result

-8 643 NOK +488.1k NOK

+5747.2%

Equity

3.10m NOK 2.44m NOK

-21.4%

Cash

8 943 NOK 160.3k NOK

+1692.0%

Total assets

3.17m NOK 2.44m NOK

-22.9%

↑
Operating result improved

Operating result -13.5k NOK → -11.9k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 8 643 NOK to a profit of 488.1k NOK. Calculated
↑
Cash rose

Bank deposits 8 943 NOK → 160.3k NOK (+1692.0% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.18× → 26.86×. Calculated

↓
Equity eroded

Book equity 3.10m NOK → 2.44m NOK (equity ratio 97.8% → 99.7%). Calculated

·
Book investments changed

Investment / intangible book value 3.16m NOK → 2.24m NOK. Reported fact