A. HESKESTAD AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, stronger earnings, cash halved-plus
registry 2024-05-28; journal 2024 446910
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. HESKESTAD AS. Revenue 250.68m NOK → 298.4k NOK (-99.9%). Net result -85.2k NOK → -54.4k NOK. Equity -250.6k NOK → -305.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. HESKESTAD AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -21.5k NOK → -21.3k NOK (op. margin -0.0% → -7.1%). Calculated
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Net result improved
Net result -85.2k NOK → -54.4k NOK (net margin -0.0% → -18.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 250.68m NOK to 298.4k NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity -250.6k NOK → -305.1k NOK (equity ratio -48.1% → -84.8%). Calculated
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Cash fell
Bank deposits 65.2k NOK → 4 156 NOK (-93.6% YoY). Calculated
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COGS moved
COGS / varekostnad 6 219 NOK → 176.5k NOK (+2738.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -84.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact