Org.nr 929 457 323 2022 → 2023 Year-over-year analysis

ABYSS SHIP ASSETS AS: årsregnskap 2023 vs 2022

Grew 1219% on revenue, stronger earnings

approved 2024-06-27; registry 2024-07-17; journal 2024 637967

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABYSS SHIP ASSETS AS. Revenue 1.48m NOK → 19.52m NOK (+1218.8%). Net result +119.7k NOK → +1.26m NOK. Equity 144.1k NOK → 1.40m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
1.48m NOK 19.52m NOK
+1218.8%
Operating result
+1.08m NOK +12.95m NOK
+1095.1%
Net result
+119.7k NOK +1.26m NOK
+950.7%
Equity
144.1k NOK 1.40m NOK
+872.5%
Cash
24.0k NOK 24.0k NOK
0.0%
Total assets
177.91m NOK 246.08m NOK
+38.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.48m NOK to 19.52m NOK (+1218.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.08m NOK → +12.95m NOK (op. margin 73.2% → 66.3%). Calculated

  • ↑

    Net result improved

    Net result +119.7k NOK → +1.26m NOK (net margin 8.1% → 6.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 144.1k NOK → 1.40m NOK (equity ratio 0.1% → 0.6%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 173.74× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated