Org.nr 998 246 202 2022 → 2023 Year-over-year analysis

A-B BYGG OG MALERTJENESTE AS: årsregnskap 2023 vs 2022

Shrank 48% on revenue, slipped into loss

approved 2024-05-31; registry 2024-06-15; journal 2024 478344

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A-B BYGG OG MALERTJENESTE AS. Revenue 12.46m NOK → 6.50m NOK (-47.8%). Net result +165.0k NOK → -1.11m NOK. Equity 490.2k NOK → -623.9k NOK.

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

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A-B BYGG OG MALERTJENESTE AS.

Scorecard

Revenue
12.46m NOK 6.50m NOK
-47.8%
Operating result
+232.6k NOK -1.07m NOK
-560.1%
Net result
+165.0k NOK -1.11m NOK
-775.1%
Equity
490.2k NOK -623.9k NOK
-227.3%
Cash
347.5k NOK 204.3k NOK
-41.2%
Total assets
3.81m NOK 1.00m NOK
-73.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.46m NOK to 6.50m NOK (-47.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +232.6k NOK → -1.07m NOK (op. margin 1.9% → -16.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 165.0k NOK profit to a loss of 1.11m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 490.2k NOK → -623.9k NOK (equity ratio 12.9% → -62.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 347.5k NOK → 204.3k NOK (-41.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -62.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.68m NOK → 2.66m NOK (-53.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 89.6k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 6. Reported fact