Org.nr 924 706 422 2022 → 2023 Year-over-year analysis

A.AASEN INVEST AS: årsregnskap 2023 vs 2022

Shrank 44% on revenue, stronger earnings

registry 2024-07-20; journal 2024 656523

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A.AASEN INVEST AS. Revenue 182.8k NOK → 102.1k NOK (-44.2%). Net result -26.9k NOK → -11.9k NOK. Equity 19.1k NOK → 7 272 NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.AASEN INVEST AS.

Scorecard

Revenue
182.8k NOK 102.1k NOK
-44.2%
Operating result
-26.9k NOK -11.8k NOK
+56.2%
Net result
-26.9k NOK -11.9k NOK
+56.0%
Equity
19.1k NOK 7 272 NOK
-62.0%
Cash
19.9k NOK 24.3k NOK
+21.9%
Total assets
116.1k NOK 99.9k NOK
-14.0%

What improved

  • ↑

    Operating result improved

    Operating result -26.9k NOK → -11.8k NOK (op. margin -14.7% → -11.6%). Calculated

  • ↑

    Net result improved

    Net result -26.9k NOK → -11.9k NOK (net margin -14.7% → -11.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.9k NOK → 24.3k NOK (+21.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 182.8k NOK to 102.1k NOK (-44.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 19.1k NOK → 7 272 NOK (equity ratio 16.5% → 7.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 155.4k NOK → 70.4k NOK (-54.7% YoY). Calculated