A.K HESTEUTSTYR AS: årsregnskap 2023 vs 2022
Grew 6% on revenue
approved 2024-04-16; registry 2024-04-22; journal 2024 367919
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A.K HESTEUTSTYR AS. Revenue 521.0k NOK → 554.2k NOK (+6.4%). Net result -320.9k NOK → -338.5k NOK. Equity -167.6k NOK → -506.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.K HESTEUTSTYR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 521.0k NOK to 554.2k NOK (+6.4% YoY). Calculated
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↑
Cash rose
Bank deposits 45.4k NOK → 59.5k NOK (+31.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -302.6k NOK → -330.3k NOK (op. margin -58.1% → -59.6%). Calculated
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↓
Net result weakened
Net result -320.9k NOK → -338.5k NOK (net margin -61.6% → -61.1%). Calculated
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↓
Equity eroded
Book equity -167.6k NOK → -506.1k NOK (equity ratio -18.1% → -76.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -76.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 381.2k NOK → 244.9k NOK (-35.8% YoY). Calculated