1ELEKTRIKER AS: årsregnskap 2023 vs 2022
Shrank 40% on revenue, cash halved-plus
approved 2024-05-24; registry 2024-05-27; journal 2024 442451
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1ELEKTRIKER AS. Revenue 762.9k NOK → 457.2k NOK (-40.1%). Net result -311.2k NOK → -260.7k NOK. Equity 254.4k NOK → -6 299 NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 1ELEKTRIKER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -312.5k NOK → -261.8k NOK (op. margin -41.0% → -57.3%). Calculated
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Net result improved
Net result -311.2k NOK → -260.7k NOK (net margin -40.8% → -57.0%). Calculated
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Payroll decreased
Salary cost 538.5k NOK → 321.8k NOK (71% → 70% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 762.9k NOK to 457.2k NOK (-40.1% YoY). Calculated
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↓
Equity eroded
Book equity 254.4k NOK → -6 299 NOK (equity ratio 55.0% → -4.2%). Calculated
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↓
Cash fell
Bank deposits 452.6k NOK → 48.3k NOK (-89.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.22× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 145.0k NOK → 120.8k NOK (-16.7% YoY). Calculated