Org.nr 918 283 854 2022 → 2023 Year-over-year analysis

A. KIELLANDS GATE 43 AS: årsregnskap 2023 vs 2022

Shrank 85% on revenue, returned to profit, cash halved-plus

registry 2024-07-16; journal 2024 635367

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. KIELLANDS GATE 43 AS. Revenue 700.0k NOK → 104.0k NOK (-85.1%). Net result -314.7k NOK → +363.6k NOK. Equity -1.09m NOK → -723.8k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
700.0k NOK 104.0k NOK
-85.1%
Operating result
-78.1k NOK +466.2k NOK
+697.1%
Net result
-314.7k NOK +363.6k NOK
+215.6%
Equity
-1.09m NOK -723.8k NOK
+33.4%
Cash
42.5k NOK 3 633 NOK
-91.5%
Total assets
7.99m NOK 7.06m NOK
-11.6%

What improved

  • ↑

    Operating result improved

    Operating result -78.1k NOK → +466.2k NOK (op. margin -11.2% → 448.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 314.7k NOK to a profit of 363.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.09m NOK → -723.8k NOK (equity ratio -13.6% → -10.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 700.0k NOK to 104.0k NOK (-85.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 42.5k NOK → 3 633 NOK (-91.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 10.65× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated