Org.nr 933 938 743 2022 → 2023 Year-over-year analysis

A/S Fougstad gate 22: årsregnskap 2023 vs 2022

Shrank 96% on revenue, stronger earnings, cash halved-plus

registry 2024-06-29; journal 2024 543355

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A/S Fougstad gate 22. Revenue 970.4k NOK → 37.5k NOK (-96.1%). Net result -798.8k NOK → -373.3k NOK. Equity 1.56m NOK → 1.18m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
970.4k NOK 37.5k NOK
-96.1%
Operating result
-766.9k NOK -280.7k NOK
+63.4%
Net result
-798.8k NOK -373.3k NOK
+53.3%
Equity
1.56m NOK 1.18m NOK
-24.0%
Cash
79.5k NOK -31.2k NOK
-139.2%
Total assets
7.03m NOK 6.91m NOK
-1.6%

What improved

  • ↑

    Operating result improved

    Operating result -766.9k NOK → -280.7k NOK (op. margin -79.0% → -748.5%). Calculated

  • ↑

    Net result improved

    Net result -798.8k NOK → -373.3k NOK (net margin -82.3% → -995.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 970.4k NOK to 37.5k NOK (-96.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.56m NOK → 1.18m NOK (equity ratio 22.2% → 17.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 79.5k NOK → -31.2k NOK (-139.2% YoY). Calculated