Org.nr 931 533 983 2022 → 2023 Year-over-year analysis

A/S Viktor Baumannsvei 34-38: årsregnskap 2023 vs 2022

Grew 14% on revenue

approved 2024-04-30; registry 2024-06-11; journal 2024 451656

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A/S Viktor Baumannsvei 34-38. Revenue 1.17m NOK → 1.33m NOK (+13.5%). Equity -2.96m NOK → -3.41m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Viktor Baumannsvei 34-38.

At a glance

Revenue

1.17m NOK 1.33m NOK

+13.5%

Operating result

-2.26m NOK -212.8k NOK

+90.6%

Net result

n/m -450.3k NOK

—

Equity

-2.96m NOK -3.41m NOK

-15.2%

Cash

437.9k NOK 375.8k NOK

-14.2%

Total assets

2.02m NOK 1.91m NOK

-5.5%

↑
Revenue rose

Operating income / revenue moved from 1.17m NOK to 1.33m NOK (+13.5% YoY). Calculated
↑
Operating result improved

Operating result -2.26m NOK → -212.8k NOK (op. margin -193.1% → -16.0%). Calculated

↓
Equity eroded

Book equity -2.96m NOK → -3.41m NOK (equity ratio -146.3% → -178.4%). Calculated
↓
Cash fell

Bank deposits 437.9k NOK → 375.8k NOK (-14.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is -178.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation