FirmaIQ
Org.nr 997 044 436 2022 → 2023 Year-over-year analysis

A. HÅGENSEN AS: årsregnskap 2023 vs 2022

Shrank 62% on revenue, slipped into loss, cash halved-plus

registry 2024-06-01; journal 2024 468177

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A. HÅGENSEN AS. Revenue 224.3k NOK → 86.1k NOK (-61.6%). Net result +19.9k NOK → -410.9k NOK. Equity 5.66m NOK → 5.25m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A. HÅGENSEN AS.

At a glance

Scorecard

Revenue
224.3k NOK 86.1k NOK
-61.6%
Operating result
-167.3k NOK -212.2k NOK
-26.8%
Net result
+19.9k NOK -410.9k NOK
-2162.4%
Equity
5.66m NOK 5.25m NOK
-7.3%
Cash
3.89m NOK 127.7k NOK
-96.7%
Total assets
5.99m NOK 10.54m NOK
+75.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 224.3k NOK to 86.1k NOK (-61.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -167.3k NOK → -212.2k NOK (op. margin -74.6% → -246.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 19.9k NOK profit to a loss of 410.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.66m NOK → 5.25m NOK (equity ratio 94.5% → 49.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.89m NOK → 127.7k NOK (-96.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.89m NOK → 127.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation