Org.nr 922 412 545 2022 → 2023 Year-over-year analysis

A. FLEISCHER EIENDOM AS: årsregnskap 2023 vs 2022

Grew 36% on revenue, cash halved-plus

approved 2024-06-30; registry 2024-08-02; journal 2024 703502

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. FLEISCHER EIENDOM AS. Revenue 107.6k NOK → 146.4k NOK (+36.1%). Net result -103.2k NOK → -95.5k NOK. Equity -481.1k NOK → -576.6k 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. All figures are taken from the published annual accounts for A. FLEISCHER EIENDOM AS.

Scorecard

Revenue
107.6k NOK 146.4k NOK
+36.1%
Operating result
-35.2k NOK +15.6k NOK
+144.3%
Net result
-103.2k NOK -95.5k NOK
+7.4%
Equity
-481.1k NOK -576.6k NOK
-19.9%
Cash
11.2k NOK 198 NOK
-98.2%
Total assets
2.62m NOK 2.60m NOK
-0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 107.6k NOK to 146.4k NOK (+36.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -35.2k NOK → +15.6k NOK (op. margin -32.8% → 10.7%). Calculated

  • ↑

    Net result improved

    Net result -103.2k NOK → -95.5k NOK (net margin -95.9% → -65.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -481.1k NOK → -576.6k NOK (equity ratio -18.3% → -22.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.2k NOK → 198 NOK (-98.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -22.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation