Org.nr 920 713 599 2022 → 2023 Year-over-year analysis

A. EDVARDSEN HOLDING AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-06-28; registry 2024-07-06; journal 2024 584500

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A. EDVARDSEN HOLDING AS. Net result +2 434 NOK → -7 741 NOK. Equity -4 259 NOK → -12.0k 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. EDVARDSEN HOLDING AS.

At a glance

Operating result

+2 434 NOK -7 741 NOK

-418.0%

Net result

+2 434 NOK -7 741 NOK

-418.0%

Equity

-4 259 NOK -12.0k NOK

-181.7%

Cash

27.4k NOK 26.2k NOK

-4.4%

Total assets

57.4k NOK 56.2k NOK

-2.1%

↓
Operating result weakened

Operating result +2 434 NOK → -7 741 NOK. Calculated
↓
Fell into a net loss

Net result flipped from 2 434 NOK profit to a loss of 7 741 NOK. Calculated
↓
Equity eroded

Book equity -4 259 NOK → -12.0k NOK (equity ratio -7.4% → -21.3%). Calculated
↓
Cash fell

Bank deposits 27.4k NOK → 26.2k NOK (-4.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is -21.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation