FirmaIQ
Org.nr 916 188 382 2022 → 2023 Year-over-year analysis

ABSOLUTT SPORTSREISER AS: årsregnskap 2023 vs 2022

Grew 2400% on revenue, stronger earnings

approved 2024-02-21; registry 2024-05-25; journal 2024 374330

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABSOLUTT SPORTSREISER AS. Revenue 505.3k NOK → 12.63m NOK (+2399.6%). Net result +3 197 NOK → +19.8k NOK. Equity 998.5k NOK → 1.02m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABSOLUTT SPORTSREISER AS.

At a glance

Scorecard

Revenue
505.3k NOK 12.63m NOK
+2399.6%
Operating result
+11.1k NOK +30.5k NOK
+173.9%
Net result
+3 197 NOK +19.8k NOK
+519.0%
Equity
998.5k NOK 1.02m NOK
+2.0%
Cash
2.40m NOK 2.21m NOK
-8.0%
Total assets
3.18m NOK 3.13m NOK
-1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 505.3k NOK to 12.63m NOK (+2399.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.1k NOK → +30.5k NOK (op. margin 2.2% → 0.2%). Calculated

  • ↑

    Net result improved

    Net result +3 197 NOK → +19.8k NOK (net margin 0.6% → 0.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 998.5k NOK → 1.02m NOK (equity ratio 31.4% → 32.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.40m NOK → 2.21m NOK (-8.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6 919 NOK → 11.04m NOK (+159493.1% YoY). Calculated