Org.nr 912 438 724 2022 → 2023 Year-over-year analysis

A.S.K HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

registry 2024-07-17; journal 2024 641348

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A.S.K HOLDING AS. Net result -7 809 NOK → -26.9k NOK. Equity 267.9k NOK → 241.0k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Operating result
-18.8k NOK -27.0k NOK
-44.2%
Net result
-7 809 NOK -26.9k NOK
-244.5%
Equity
267.9k NOK 241.0k NOK
-10.0%
Cash
24.4k NOK 4 008 NOK
-83.6%
Total assets
1.36m NOK 350.2k NOK
-74.2%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.94× → 1.08×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -18.8k NOK → -27.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result -7 809 NOK → -26.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 267.9k NOK → 241.0k NOK (equity ratio 19.7% → 68.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.4k NOK → 4 008 NOK (-83.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 334.8k NOK → 344.8k NOK. Reported fact