Org.nr 848 629 642 2022 → 2023 Year-over-year analysis

ABSOR AS: årsregnskap 2023 vs 2022

Grew 58% on revenue, returned to profit

approved 2024-06-19; registry 2024-07-13; journal 2024 632695

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABSOR AS. Revenue 1.46m NOK → 2.30m NOK (+57.9%). Net result -104.0k NOK → +274.6k NOK. Equity -122.5k NOK → 4.23m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABSOR AS.

Scorecard

Revenue
1.46m NOK 2.30m NOK
+57.9%
Operating result
-67.4k NOK +322.3k NOK
+578.1%
Net result
-104.0k NOK +274.6k NOK
+364.1%
Equity
-122.5k NOK 4.23m NOK
+3556.5%
Cash
10.3k NOK 63.8k NOK
+519.0%
Total assets
610.0k NOK 76.3k NOK
-87.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.46m NOK to 2.30m NOK (+57.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -67.4k NOK → +322.3k NOK (op. margin -4.6% → 14.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 104.0k NOK to a profit of 274.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -122.5k NOK → 4.23m NOK (equity ratio -20.1% → 5548.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.3k NOK → 63.8k NOK (+519.0% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 894.2k NOK → 341.3k NOK (-61.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact