Org.nr 923 641 920 2022 → 2023 Year-over-year analysis

A SVALAND HOLDING AS: årsregnskap 2023 vs 2022

Another loss-making year

approved 2024-06-15; registry 2024-06-19; journal 2024 517176

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A SVALAND HOLDING AS. Revenue 0 NOK → 600.0k NOK. Net result -12.4k NOK → -13.0k NOK. Equity 10.5k NOK → -2 515 NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A SVALAND HOLDING AS.

Scorecard

Revenue
0 NOK 600.0k NOK
—
Operating result
-12.4k NOK -12.7k NOK
-2.3%
Net result
-12.4k NOK -13.0k NOK
-4.5%
Equity
10.5k NOK -2 515 NOK
-124.0%
Cash
919 NOK 81.3k NOK
+8743.4%
Total assets
40.9k NOK 148.5k NOK
+262.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 600.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 919 NOK → 81.3k NOK (+8743.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.4k NOK → -12.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.5k NOK → -2 515 NOK (equity ratio 25.6% → -1.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 1.58m NOK. Calculated