Org.nr 918 024 530 2022 → 2023 Year-over-year analysis

A. LANGSETH HOLDING AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2024-06-30; registry 2024-07-06; journal 2024 608294

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. LANGSETH HOLDING AS. Revenue 34.3k NOK → 0 NOK (-100.0%). Net result +33.0k NOK → -18.9k NOK. Equity 930.7k NOK → 911.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
34.3k NOK 0 NOK
-100.0%
Operating result
+19.6k NOK -27.7k NOK
-241.4%
Net result
+33.0k NOK -18.9k NOK
-157.3%
Equity
930.7k NOK 911.8k NOK
-2.0%
Cash
416.8k NOK 133.9k NOK
-67.9%
Total assets
1.45m NOK 1.00m NOK
-30.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 34.3k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +19.6k NOK → -27.7k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 33.0k NOK profit to a loss of 18.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 930.7k NOK → 911.8k NOK (equity ratio 64.3% → 91.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 416.8k NOK → 133.9k NOK (-67.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 867.4k NOK → 784.0k NOK. Reported fact