FirmaIQ
Org.nr 999 529 593 2022 → 2023 Year-over-year analysis

ABYSS ASSETS AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

approved 2024-06-27; registry 2024-07-17; journal 2024 637997

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABYSS ASSETS AS. Revenue 178.5k NOK → 178.5k NOK (0.0%). Net result -235.8k NOK → +57.3k NOK. Equity 2.31m NOK → 2.37m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABYSS ASSETS AS.

At a glance

Scorecard

Revenue
178.5k NOK 178.5k NOK
0.0%
Operating result
-224.4k NOK -24.0k NOK
+89.3%
Net result
-235.8k NOK +57.3k NOK
+124.3%
Equity
2.31m NOK 2.37m NOK
+2.5%
Cash
2.18m NOK 1 114 NOK
-99.9%
Total assets
2.51m NOK 2.39m NOK
-4.7%

What improved

  • ↑

    Operating result improved

    Operating result -224.4k NOK → -24.0k NOK (op. margin -125.7% → -13.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 235.8k NOK to a profit of 57.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.31m NOK → 2.37m NOK (equity ratio 92.3% → 99.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.18m NOK → 1 114 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.18m NOK → 1 114 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation