1 SAX AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
registry 2024-07-11; journal 2024 629456
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1 SAX AS. Revenue 88.4k NOK → 87.8k NOK (-0.6%). Net result -28.3k NOK → -14.9k NOK. Equity -90.8k NOK → -105.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1 SAX AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +9 908 NOK → +35.7k NOK (op. margin 11.2% → 40.7%). Calculated
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↑
Net result improved
Net result -28.3k NOK → -14.9k NOK (net margin -32.0% → -16.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 88.4k NOK to 87.8k NOK (-0.6% YoY). Calculated
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↓
Equity eroded
Book equity -90.8k NOK → -105.7k NOK (equity ratio -4.3% → -5.3%). Calculated
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↓
Cash fell
Bank deposits 190.9k NOK → 81.7k NOK (-57.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation