2KVIK BYGG AS: årsregnskap 2023 vs 2022
Grew 23% on revenue, weaker earnings
approved 2024-05-27; registry 2024-06-20; journal 2024 499504
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2KVIK BYGG AS. Revenue 7.72m NOK → 9.48m NOK (+22.8%). Net result -80.5k NOK → -150.8k NOK. Equity -280.8k NOK → -431.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 2KVIK BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.72m NOK to 9.48m NOK (+22.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -58.4k NOK → -112.9k NOK (op. margin -0.8% → -1.2%). Calculated
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↓
Net result weakened
Net result -80.5k NOK → -150.8k NOK (net margin -1.0% → -1.6%). Calculated
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↓
Equity eroded
Book equity -280.8k NOK → -431.6k NOK (equity ratio -12.9% → -27.1%). Calculated
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↓
Cash fell
Bank deposits 505.3k NOK → 257.3k NOK (-49.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 5.64m NOK → 6.76m NOK (73% → 71% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 855.2k NOK → 600.9k NOK (-29.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 27.9k NOK → 51.2k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 12 → 11. Reported fact