A TIL Å BYGG AS: årsregnskap 2023 vs 2022
Shrank 50% on revenue, weaker earnings
approved 2024-05-03; registry 2024-06-05; journal 2024 421624
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A TIL Å BYGG AS. Revenue 13.66m NOK → 6.86m NOK (-49.8%). Net result -407.2k NOK → -556.1k NOK. Equity 636.9k NOK → 80.8k NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A TIL Å BYGG AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -488.5k NOK → -352.5k NOK (op. margin -3.6% → -5.1%). Calculated
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Cash rose
Bank deposits 4 987 NOK → 643.1k NOK (+12795.4% YoY). Calculated
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Payroll decreased
Salary cost 3.20m NOK → 2.65m NOK (23% → 39% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.66m NOK to 6.86m NOK (-49.8% YoY). Calculated
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Net result weakened
Net result -407.2k NOK → -556.1k NOK (net margin -3.0% → -8.1%). Calculated
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↓
Equity eroded
Book equity 636.9k NOK → 80.8k NOK (equity ratio 27.9% → 7.1%). Calculated
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Current ratio dropped below 1×
Current ratio 1.22× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 9.92m NOK → 3.71m NOK (-62.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 8 136 NOK → 233.3k NOK. Reported fact