Org.nr 927 445 247 2022 → 2023 Year-over-year analysis

ABYSSINIA AS: årsregnskap 2023 vs 2022

Grew 106% on revenue, returned to profit

approved 2024-06-27; registry 2024-07-10; journal 2024 608350

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABYSSINIA AS. Revenue -21.0k NOK → 1 315 NOK (+106.3%). Net result -2.38m NOK → +1.11m NOK. Equity 21.45m NOK → 7.00m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABYSSINIA AS.

Scorecard

Revenue
-21.0k NOK 1 315 NOK
+106.3%
Operating result
-2.39m NOK +1.11m NOK
+146.4%
Net result
-2.38m NOK +1.11m NOK
+146.4%
Equity
21.45m NOK 7.00m NOK
-67.4%
Cash
5 252 NOK 256.6k NOK
+4785.8%
Total assets
21.57m NOK 17.71m NOK
-17.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -21.0k NOK to 1 315 NOK (+106.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.39m NOK → +1.11m NOK (op. margin 11365.9% → 84226.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.38m NOK to a profit of 1.11m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 5 252 NOK → 256.6k NOK (+4785.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 21.45m NOK → 7.00m NOK (equity ratio 99.5% → 39.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 24.08m NOK → 8.52m NOK — check capital reduction, conversion, or reclassification. Interpretation