Org.nr 993 011 126 2022 → 2023 Year-over-year analysis

A. BØRRESEN EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 95% on revenue, stronger earnings

approved 2024-02-15; registry 2024-06-14; journal 2024 506269

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. BØRRESEN EIENDOM AS. Revenue 1.29m NOK → 70.5k NOK (-94.5%). Net result -460.6k NOK → -169.2k NOK. Equity 1.24m NOK → 1.07m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.29m NOK 70.5k NOK
-94.5%
Operating result
-406.9k NOK +69.3k NOK
+117.0%
Net result
-460.6k NOK -169.2k NOK
+63.3%
Equity
1.24m NOK 1.07m NOK
-13.6%
Cash
586.0k NOK 663.4k NOK
+13.2%
Total assets
6.69m NOK 6.53m NOK
-2.5%

What improved

  • ↑

    Operating result improved

    Operating result -406.9k NOK → +69.3k NOK (op. margin -31.5% → 98.3%). Calculated

  • ↑

    Net result improved

    Net result -460.6k NOK → -169.2k NOK (net margin -35.7% → -239.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 586.0k NOK → 663.4k NOK (+13.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.29m NOK to 70.5k NOK (-94.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.24m NOK → 1.07m NOK (equity ratio 18.6% → 16.5%). Calculated