ABYSS GROUP AS: årsregnskap 2024 vs 2023
Grew 74% on revenue, stronger earnings
approved 2025-03-07; registry 2025-04-23; journal 2025 363929
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ABYSS GROUP AS. Revenue 1.74m NOK → 3.04m NOK (+74.1%). Net result +436.5k NOK → +11.24m NOK. Equity 268.89m NOK → 11 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABYSS GROUP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.74m NOK to 3.04m NOK (+74.1% YoY). Calculated
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Operating result improved
Operating result -4.33m NOK → -2.04m NOK (op. margin -248.4% → -67.1%). Calculated
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Net result improved
Net result +436.5k NOK → +11.24m NOK (net margin 25.0% → 370.4%). Calculated
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Cash rose
Bank deposits 0 NOK → 12.37m NOK (None YoY). Calculated
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Owners injected capital
Paid-in equity rose 263.31m NOK → 283.29m NOK (+19.98m NOK). Reported fact
What deteriorated
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Equity eroded
Book equity 268.89m NOK → 11 NOK (equity ratio 52.6% → 0.0%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 298.63m NOK → 302.72m NOK. Reported fact