Org.nr 999 008 194 2022 → 2023 Year-over-year analysis

A.S.K AS: årsregnskap 2023 vs 2022

Shrank 11% on revenue, slipped into loss

approved 2024-06-30; registry 2024-07-02; journal 2024 585034

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A.S.K AS. Revenue 870.0k NOK → 770.0k NOK (-11.5%). Net result +1.86m NOK → -557.3k NOK. Equity 636.4k NOK → 2.08m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; fell into a net loss; cash fell.

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

Scorecard

Revenue
870.0k NOK 770.0k NOK
-11.5%
Operating result
-631.7k NOK -557.3k NOK
+11.8%
Net result
+1.86m NOK -557.3k NOK
-130.0%
Equity
636.4k NOK 2.08m NOK
+226.7%
Cash
136.3k NOK 83.8k NOK
-38.6%
Total assets
3.67m NOK 2.32m NOK
-36.8%

What improved

  • ↑

    Operating result improved

    Operating result -631.7k NOK → -557.3k NOK (op. margin -72.6% → -72.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 636.4k NOK → 2.08m NOK (equity ratio 17.3% → 89.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 870.0k NOK to 770.0k NOK (-11.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.86m NOK profit to a loss of 557.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 136.3k NOK → 83.8k NOK (-38.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 15.86× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 449 NOK → 1.10m NOK (0% → 143% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 1 NOK. Reported fact