A&H CORP AS: årsregnskap 2023 vs 2022
Returned to profit, cash halved-plus
registry 2024-04-30; journal 2024 384779
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&H CORP AS. Revenue 0 NOK → 149.9k NOK. Net result -33.8k NOK → +17.2k NOK. Equity -514.2k NOK → -497.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A&H CORP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 149.9k NOK. Calculated
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↑
Operating result improved
Operating result -33.8k NOK → +17.3k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 33.8k NOK to a profit of 17.2k NOK. Calculated
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↑
Equity strengthened
Book equity -514.2k NOK → -497.0k NOK (equity ratio -185.9% → -232.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 231.2k NOK → 59.5k NOK (-74.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -232.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 14.0k NOK → 66.8k NOK (+377.8% YoY). Calculated