A-BAD AS: årsregnskap 2023 vs 2022
Grew 6% on revenue, cash halved-plus
registry 2024-07-11; journal 2024 617506
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A-BAD AS. Revenue 19.51m NOK → 20.70m NOK (+6.1%). Net result +925.0k NOK → +788.9k NOK. Equity 4.71m NOK → 5.50m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 19.51m NOK to 20.70m NOK (+6.1% YoY). Calculated
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↑
Equity strengthened
Book equity 4.71m NOK → 5.50m NOK (equity ratio 62.1% → 60.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.23m NOK → +1.01m NOK (op. margin 6.3% → 4.9%). Calculated
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↓
Net result weakened
Net result +925.0k NOK → +788.9k NOK (net margin 4.7% → 3.8%). Calculated
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↓
Cash fell
Bank deposits 2.60m NOK → 487.9k NOK (-81.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.60m NOK → 487.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 13.79m NOK → 15.57m NOK (+12.9% YoY). Calculated