ABYSS AKVASERVICE AS: årsregnskap 2023 vs 2022
Shrank 74% on revenue, slipped into loss, fresh owner capital
approved 2024-06-13; registry 2024-07-09; journal 2024 602551
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABYSS AKVASERVICE AS. Revenue 2.29bn NOK → 598.78m NOK (-73.8%). Net result +20.26m NOK → -14.50m NOK. Equity 15.19bn NOK → 190.07m NOK.
On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.
At a glance
Scorecard
What improved
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Cash rose
Bank deposits 27.04m NOK → 68.38m NOK (+152.9% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.79× → 1.43×. Calculated
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↑
Owners injected capital
Paid-in equity rose 26.40m NOK → 41.69m NOK (+15.29m NOK). Reported fact
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Payroll decreased
Salary cost 5.11bn NOK → 243.85m NOK (223% → 41% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.29bn NOK to 598.78m NOK (-73.8% YoY). Calculated
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Operating result weakened
Operating result +31.89m NOK → +11.92m NOK (op. margin 1.4% → 2.0%). Calculated
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Fell into a net loss
Net result flipped from 20.26m NOK profit to a loss of 14.50m NOK. Calculated
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↓
Equity eroded
Book equity 15.19bn NOK → 190.07m NOK (equity ratio 3074.3% → 20.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 NOK → 70.04m NOK. Reported fact