Org.nr 921 117 736 2022 → 2023 Year-over-year analysis

A. ANDERSEN SHIPPING AS: årsregnskap 2023 vs 2022

Shrank 54% on revenue, slipped into loss, cash halved-plus

approved 2024-07-31; registry 2024-08-03; journal 2024 707003

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. ANDERSEN SHIPPING AS. Revenue 491.5k NOK → 225.0k NOK (-54.2%). Net result +265.2k NOK → -96.1k NOK. Equity 44.4k NOK → -51.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. ANDERSEN SHIPPING AS.

Scorecard

Revenue
491.5k NOK 225.0k NOK
-54.2%
Operating result
+315.6k NOK -95.5k NOK
-130.3%
Net result
+265.2k NOK -96.1k NOK
-136.2%
Equity
44.4k NOK -51.7k NOK
-216.3%
Cash
327.4k NOK 91.5k NOK
-72.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 491.5k NOK to 225.0k NOK (-54.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +315.6k NOK → -95.5k NOK (op. margin 64.2% → -42.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 265.2k NOK profit to a loss of 96.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 44.4k NOK → -51.7k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 327.4k NOK → 91.5k NOK (-72.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.5k NOK → 5 000 NOK (-65.6% YoY). Calculated