Org.nr 995 042 797 2022 → 2023 Year-over-year analysis

A.B EIENDOM AS: årsregnskap 2023 vs 2022

Grew 156% on revenue, weaker earnings

approved 2024-05-03; registry 2024-05-29; journal 2024 454149

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A.B EIENDOM AS. Revenue 150.0k NOK → 383.5k NOK (+155.7%). Net result -9 790 NOK → -158.8k NOK. Equity 1.29m NOK → 1.13m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.B EIENDOM AS.

Scorecard

Revenue
150.0k NOK 383.5k NOK
+155.7%
Operating result
+5 765 NOK +222.2k NOK
+3754.0%
Net result
-9 790 NOK -158.8k NOK
-1521.7%
Equity
1.29m NOK 1.13m NOK
-12.3%
Cash
247.0k NOK 320.9k NOK
+29.9%
Total assets
11.38m NOK 11.41m NOK
+0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 150.0k NOK to 383.5k NOK (+155.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5 765 NOK → +222.2k NOK (op. margin 3.8% → 57.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 247.0k NOK → 320.9k NOK (+29.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -9 790 NOK → -158.8k NOK (net margin -6.5% → -41.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.29m NOK → 1.13m NOK (equity ratio 11.4% → 9.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation