Org.nr 989 843 052 2022 → 2023 Year-over-year analysis

ABUELO FINANS AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

approved 2024-02-27; registry 2024-03-04; journal 2024 314883

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABUELO FINANS AS. Net result -395.1k NOK → +415.4k NOK. Equity 4.54m NOK → 4.15m NOK.

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

Net tougher year on the published lines.

Scorecard

Operating result
-11.2k NOK -14.3k NOK
-28.0%
Net result
-395.1k NOK +415.4k NOK
+205.2%
Equity
4.54m NOK 4.15m NOK
-8.6%
Cash
7 913 NOK 2 676 NOK
-66.2%
Total assets
5.66m NOK 5.47m NOK
-3.5%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 395.1k NOK to a profit of 415.4k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.2k NOK → -14.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.54m NOK → 4.15m NOK (equity ratio 80.1% → 75.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 7 913 NOK → 2 676 NOK (-66.2% YoY). Calculated