Org.nr 917 900 086 2022 → 2023 Year-over-year analysis

A SANDVIK HOLDING AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

approved 2024-06-17; registry 2024-06-20; journal 2024 522904

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A SANDVIK HOLDING AS. Net result -15.4k NOK → +4.14m NOK. Equity 298.7k NOK → 300.3k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

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

Scorecard

Operating result
-15.4k NOK -8 461 NOK
+45.2%
Net result
-15.4k NOK +4.14m NOK
+26923.4%
Equity
298.7k NOK 300.3k NOK
+0.5%
Cash
409.7k NOK 80.3k NOK
-80.4%
Total assets
474.7k NOK 345.3k NOK
-27.3%

What improved

  • ↑

    Operating result improved

    Operating result -15.4k NOK → -8 461 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 15.4k NOK to a profit of 4.14m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 298.7k NOK → 300.3k NOK (equity ratio 62.9% → 87.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 409.7k NOK → 80.3k NOK (-80.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 65.0k NOK → 265.0k NOK. Reported fact