A&M RENOVERING AS: årsregnskap 2023 vs 2022
Cash halved-plus
approved 2024-06-30; registry 2024-07-18; journal 2024 649834
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&M RENOVERING AS. Revenue 919.0k NOK → 880.2k NOK (-4.2%). Net result -158.9k NOK → -161.9k NOK. Equity 13.0k NOK → -148.9k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A&M RENOVERING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -164.1k NOK → -160.2k NOK (op. margin -17.9% → -18.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 919.0k NOK to 880.2k NOK (-4.2% YoY). Calculated
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↓
Equity eroded
Book equity 13.0k NOK → -148.9k NOK (equity ratio 3.6% → -39.4%). Calculated
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↓
Cash fell
Bank deposits 113.4k NOK → 53.2k NOK (-53.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 691 NOK → 2.75m NOK (0% → 313% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -39.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 201.4k NOK → 69.6k NOK (-65.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact