FirmaIQ
Org.nr 989 480 618 2022 → 2023 Year-over-year analysis

A. M. PETTERSEN EIENDOM AS: årsregnskap 2023 vs 2022

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

approved 2024-05-15; registry 2024-06-17; journal 2024 485487

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A. M. PETTERSEN EIENDOM AS. Revenue 6.86m NOK → 6 858 NOK (-99.9%). Net result +5.12m NOK → -116.6k NOK. Equity 1.43m NOK → 1.31m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A. M. PETTERSEN EIENDOM AS.

At a glance

Scorecard

Revenue
6.86m NOK 6 858 NOK
-99.9%
Operating result
+6.57m NOK -155.0k NOK
-102.4%
Net result
+5.12m NOK -116.6k NOK
-102.3%
Equity
1.43m NOK 1.31m NOK
-8.2%
Cash
8.88m NOK 2.85m NOK
-67.9%
Total assets
10.93m NOK 4.90m NOK
-55.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 72.4k NOK → 22.8k NOK (1% → 332% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.86m NOK to 6 858 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.57m NOK → -155.0k NOK (op. margin 95.8% → -2260.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5.12m NOK profit to a loss of 116.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.43m NOK → 1.31m NOK (equity ratio 13.0% → 26.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.88m NOK → 2.85m NOK (-67.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.88m NOK → 2.85m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation