A/S LOCO: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
approved 2024-06-13; registry 2024-07-06; journal 2024 590378
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A/S LOCO. Net result +19.59m NOK → +10.86m NOK. Equity 1.29bn NOK → 1.11bn NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A/S LOCO.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -4.58m NOK → -4.53m NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +19.59m NOK → +10.86m NOK. Calculated
-
↓
Equity eroded
Book equity 1.29bn NOK → 1.11bn NOK (equity ratio 447.0% → 369.2%). Calculated
-
↓
Cash fell
Bank deposits 14.50m NOK → 1.51m NOK (-89.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (14.50m NOK → 1.51m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 169.52m NOK → 96.44m NOK. Reported fact