A/S Edvardsen Eiendom: årsregnskap 2023 vs 2022
Shrank 88% on revenue, returned to profit
approved 2024-05-15; registry 2024-06-10; journal 2024 496483
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A/S Edvardsen Eiendom. Revenue 852.1k NOK → 103.8k NOK (-87.8%). Net result -3 451 NOK → +78.7k NOK. Equity 4.76m NOK → 4.84m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -4 200 NOK → +100.6k NOK (op. margin -0.5% → 96.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 3 451 NOK to a profit of 78.7k NOK. Calculated
-
↑
Equity strengthened
Book equity 4.76m NOK → 4.84m NOK (equity ratio 95.2% → 76.9%). Calculated
-
↑
Cash rose
Bank deposits 196.3k NOK → 463.4k NOK (+136.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 52.5k NOK → 26.3k NOK (6% → 25% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 852.1k NOK to 103.8k NOK (-87.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.76× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated