Org.nr 924 190 272 2022 → 2023 Year-over-year analysis

A. KVERNELAND HOLDING AS: årsregnskap 2023 vs 2022

Stronger earnings

registry 2024-06-14; journal 2024 506240

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. KVERNELAND HOLDING AS. Net result +563.9k NOK → +3.25m NOK. Equity 777.6k NOK → 2.89m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. KVERNELAND HOLDING AS.

Scorecard

Operating result
-10.8k NOK -11.2k NOK
-3.8%
Net result
+563.9k NOK +3.25m NOK
+475.7%
Equity
777.6k NOK 2.89m NOK
+272.0%
Cash
605.1k NOK 643.1k NOK
+6.3%
Total assets
846.4k NOK 2.90m NOK
+242.9%

What improved

  • ↑

    Net result improved

    Net result +563.9k NOK → +3.25m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 777.6k NOK → 2.89m NOK (equity ratio 91.9% → 99.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 605.1k NOK → 643.1k NOK (+6.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.47× → 221.64×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.8k NOK → -11.2k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 814.0k NOK → 6 000 NOK. Reported fact