FirmaIQ
Org.nr 971 095 563 2022 → 2023 Year-over-year analysis

A HELGELAND BETONG AS: årsregnskap 2023 vs 2022

Shrank 6% on revenue, weaker earnings

approved 2024-05-28; registry 2024-06-14; journal 2024 468078

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A HELGELAND BETONG AS. Revenue 17.37m NOK → 16.38m NOK (-5.7%). Net result -413.7k NOK → -1.23m NOK. Equity -2.72m NOK → -3.95m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.

At a glance

Scorecard

Revenue
17.37m NOK 16.38m NOK
-5.7%
Operating result
-255.9k NOK -788.5k NOK
-208.1%
Net result
-413.7k NOK -1.23m NOK
-197.5%
Equity
-2.72m NOK -3.95m NOK
-45.2%
Cash
11.0k NOK 9 835 NOK
-10.6%
Total assets
5.51m NOK 3.00m NOK
-45.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.37m NOK to 16.38m NOK (-5.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -255.9k NOK → -788.5k NOK (op. margin -1.5% → -4.8%). Calculated

  • ↓

    Net result weakened

    Net result -413.7k NOK → -1.23m NOK (net margin -2.4% → -7.5%). Calculated

  • ↓

    Equity eroded

    Book equity -2.72m NOK → -3.95m NOK (equity ratio -49.3% → -131.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.0k NOK → 9 835 NOK (-10.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -131.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 7.74m NOK → 7.31m NOK (-5.6% YoY). Calculated