A.S.K PROSJEKT AS: årsregnskap 2023 vs 2022
Shrank 96% on revenue, stronger earnings, cash halved-plus
registry 2024-05-27; journal 2024 441883
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A.S.K PROSJEKT AS. Revenue 387.0k NOK → 13.9k NOK (-96.4%). Net result -261.6k NOK → -125.6k NOK. Equity -522.8k NOK → -648.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.S.K PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -175.9k NOK → -123.8k NOK (op. margin -45.4% → -888.9%). Calculated
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↑
Net result improved
Net result -261.6k NOK → -125.6k NOK (net margin -67.6% → -901.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 387.0k NOK to 13.9k NOK (-96.4% YoY). Calculated
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↓
Equity eroded
Book equity -522.8k NOK → -648.4k NOK (equity ratio -2588.8% → -19853.6%). Calculated
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↓
Cash fell
Bank deposits 8 262 NOK → 1 332 NOK (-83.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19853.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 450.9k NOK → 87.0k NOK (-80.7% YoY). Calculated