Org.nr 929 538 137 2022 → 2023 Year-over-year analysis

A-SG AS: årsregnskap 2023 vs 2022

Grew 1068% on revenue, weaker earnings

approved 2024-07-29; registry 2024-08-02; journal 2024 700341

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A-SG AS. Revenue 34.8k NOK → 405.9k NOK (+1067.9%). Net result -622.4k NOK → -1.15m NOK. Equity -592.4k NOK → -1.74m NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A-SG AS.

Scorecard

Revenue
34.8k NOK 405.9k NOK
+1067.9%
Operating result
-557.9k NOK -825.2k NOK
-47.9%
Net result
-622.4k NOK -1.15m NOK
-84.6%
Equity
-592.4k NOK -1.74m NOK
-193.9%
Cash
1 297 NOK 1.23m NOK
+94646.6%
Total assets
9.50m NOK 9.69m NOK
+2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.8k NOK to 405.9k NOK (+1067.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1 297 NOK → 1.23m NOK (+94646.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -557.9k NOK → -825.2k NOK (op. margin -1605.6% → -203.3%). Calculated

  • ↓

    Net result weakened

    Net result -622.4k NOK → -1.15m NOK (net margin -1791.0% → -283.0%). Calculated

  • ↓

    Equity eroded

    Book equity -592.4k NOK → -1.74m NOK (equity ratio -6.2% → -18.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -18.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 255.3k NOK. Reported fact