Org.nr 929 463 358 2022 → 2023 Year-over-year analysis

A. KIELLANDS GATE 45 AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2024-05-24; registry 2024-07-16; journal 2024 635440

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. KIELLANDS GATE 45 AS. Revenue 2 022 NOK → 0 NOK (-100.0%). Net result -143.6k NOK → -1.08m NOK. Equity -113.6k NOK → -1.20m NOK.

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. KIELLANDS GATE 45 AS.

Scorecard

Revenue
2 022 NOK 0 NOK
-100.0%
Operating result
-21.2k NOK -31.2k NOK
-47.2%
Net result
-143.6k NOK -1.08m NOK
-654.8%
Equity
-113.6k NOK -1.20m NOK
-954.2%
Cash
47.0k NOK 1 709 NOK
-96.4%
Total assets
17.21m NOK 15.29m NOK
-11.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2 022 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -21.2k NOK → -31.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result -143.6k NOK → -1.08m NOK. Calculated

  • ↓

    Equity eroded

    Book equity -113.6k NOK → -1.20m NOK (equity ratio -0.7% → -7.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 47.0k NOK → 1 709 NOK (-96.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 17.2k NOK → 15.29m NOK. Reported fact