A HELLAND TRANSPORT AS: årsregnskap 2023 vs 2022
Shrank 97% on revenue, weaker earnings, cash halved-plus
approved 2024-07-15; registry 2024-07-27; journal 2024 678770
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A HELLAND TRANSPORT AS. Revenue 996.0k NOK → 25.8k NOK (-97.4%). Net result +387.5k NOK → +181.6k NOK. Equity -958.6k NOK → -776.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -958.6k NOK → -776.9k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 996.0k NOK to 25.8k NOK (-97.4% YoY). Calculated
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↓
Operating result weakened
Operating result +728.6k NOK → +536.3k NOK (op. margin 73.1% → 2077.5%). Calculated
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↓
Net result weakened
Net result +387.5k NOK → +181.6k NOK (net margin 38.9% → 703.6%). Calculated
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↓
Cash fell
Bank deposits 98.8k NOK → 1 636 NOK (-98.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -21.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 93.1k NOK → 2 590 NOK. Reported fact