Org.nr 987 097 876 2023 → 2024 Year-over-year analysis

ABYSS AS: årsregnskap 2024 vs 2023

Grew 20% on revenue, returned to profit

registry 2025-04-24; journal 2025 363935

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABYSS AS. Revenue 461.61m NOK → 554.96m NOK (+20.2%). Net result -12.07m NOK → +6.15m NOK. Equity 10.10bn NOK → 10.12bn NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABYSS AS.

Scorecard

Revenue
461.61m NOK 554.96m NOK
+20.2%
Operating result
+26.01m NOK +51.18m NOK
+96.8%
Net result
-12.07m NOK +6.15m NOK
+151.0%
Equity
10.10bn NOK 10.12bn NOK
+0.1%
Cash
11.53m NOK 11.34m NOK
-1.6%
Total assets
768.42m NOK 768.96m NOK
+0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 461.61m NOK to 554.96m NOK (+20.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +26.01m NOK → +51.18m NOK (op. margin 5.6% → 9.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 12.07m NOK to a profit of 6.15m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 10.10bn NOK → 10.12bn NOK (equity ratio 1314.7% → 1315.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 57.62m NOK → 64.89m NOK (+7.27m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 11.53m NOK → 11.34m NOK (-1.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.17bn NOK → 4.19bn NOK (904% → 755% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 73.77m NOK → 95.96m NOK (+30.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.90m NOK → 2.28m NOK. Reported fact