A I RENHOLD & BYGG AS: årsregnskap 2023 vs 2022
Grew 101962% on revenue, weaker earnings, cash halved-plus
approved 2024-06-03; registry 2024-07-20; journal 2024 657822
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A I RENHOLD & BYGG AS. Revenue 1 073 NOK → 1.10m NOK (+101961.5%). Net result -6 607 NOK → -106.5k NOK. Equity 238.3k NOK → 131.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A I RENHOLD & BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 073 NOK to 1.10m NOK (+101961.5% YoY). Calculated
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Payroll decreased
Salary cost 664.4k NOK → 637.2k NOK (61922% → 58% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -2 999 NOK → -137.1k NOK (op. margin -279.5% → -12.5%). Calculated
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Net result weakened
Net result -6 607 NOK → -106.5k NOK (net margin -615.8% → -9.7%). Calculated
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↓
Equity eroded
Book equity 238.3k NOK → 131.8k NOK (equity ratio 51.2% → -123.4%). Calculated
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↓
Cash fell
Bank deposits 379.0k NOK → -338.9k NOK (-189.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.05× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -123.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 166.1k NOK → 14.0k NOK (-91.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 5 → 1. Reported fact