Org.nr 984 086 822 2022 → 2023 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2023 vs 2022

Shrank 17% on revenue, weaker earnings

approved 2024-05-13; registry 2024-06-11; journal 2024 449913

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABUS ENTREPRENØR AS. Revenue 8.25m NOK → 6.82m NOK (-17.3%). Net result +645.3k NOK → +243.5k NOK. Equity 2.47m NOK → 2.47m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABUS ENTREPRENØR AS.

Scorecard

Revenue
8.25m NOK 6.82m NOK
-17.3%
Operating result
+796.8k NOK +248.6k NOK
-68.8%
Net result
+645.3k NOK +243.5k NOK
-62.3%
Equity
2.47m NOK 2.47m NOK
+0.1%
Cash
1.33m NOK 1.66m NOK
+24.9%
Total assets
4.44m NOK 4.04m NOK
-9.1%

What improved

  • ↑

    Equity strengthened

    Book equity 2.47m NOK → 2.47m NOK (equity ratio 55.7% → 61.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.33m NOK → 1.66m NOK (+24.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.25m NOK to 6.82m NOK (-17.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +796.8k NOK → +248.6k NOK (op. margin 9.7% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +645.3k NOK → +243.5k NOK (net margin 7.8% → 3.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.80m NOK → 2.44m NOK (-12.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 4 204 NOK. Reported fact