Org.nr 926 423 428 2022 → 2023 Year-over-year analysis

A&C VEST HOLDING AS: årsregnskap 2023 vs 2022

Slipped into loss, cash halved-plus

approved 2024-03-31; registry 2024-04-04; journal 2024 345663

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A&C VEST HOLDING AS. Net result +10.7k NOK → -25.7k NOK. Equity 29.2k NOK → 3 484 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&C VEST HOLDING AS.

Scorecard

Operating result
-22.0k NOK -25.7k NOK
-16.4%
Net result
+10.7k NOK -25.7k NOK
-339.5%
Equity
29.2k NOK 3 484 NOK
-88.1%
Cash
1 621 NOK 193 NOK
-88.1%
Total assets
64.4k NOK 63.0k NOK
-2.2%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -22.0k NOK → -25.7k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 10.7k NOK profit to a loss of 25.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 29.2k NOK → 3 484 NOK (equity ratio 45.3% → 5.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1 621 NOK → 193 NOK (-88.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation