A-CON AS: årsregnskap 2023 vs 2022
Grew 50665% on revenue, cash halved-plus
approved 2024-03-06; registry 2024-05-29; journal 2024 452575
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A-CON AS. Revenue 1 102 NOK → 559.4k NOK (+50664.7%). Net result -971.1k NOK → -866.1k NOK. Equity -713.5k NOK → -1.58m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for A-CON AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 102 NOK to 559.4k NOK (+50664.7% YoY). Calculated
-
↑
Operating result improved
Operating result -811.5k NOK → -675.7k NOK (op. margin -73638.4% → -120.8%). Calculated
-
↑
Net result improved
Net result -971.1k NOK → -866.1k NOK (net margin -88120.0% → -154.8%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -713.5k NOK → -1.58m NOK (equity ratio -23.0% → -55.4%). Calculated
-
↓
Cash fell
Bank deposits 67.1k NOK → 159 NOK (-99.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -55.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 892.2k NOK → 2.62m NOK (80958% → 468% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 209.2k NOK → 84.6k NOK (-59.6% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact