FirmaIQ
Org.nr 911 576 880 2022 → 2023 Year-over-year analysis

A UTVIK AS: årsregnskap 2023 vs 2022

Shrank 99% on revenue, weaker earnings, cash halved-plus

registry 2024-05-07; journal 2024 363036

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A UTVIK AS. Revenue 3.11bn NOK → 20.85m NOK (-99.3%). Net result +29.40m NOK → +13.08m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for A UTVIK AS.

At a glance

Scorecard

Revenue
3.11bn NOK 20.85m NOK
-99.3%
Operating result
-19.41m NOK -14.47m NOK
+25.5%
Net result
+29.40m NOK +13.08m NOK
-55.5%
Cash
20.12m NOK 405.7k NOK
-98.0%
Total assets
368.36m NOK 277.34m NOK
-24.7%

What improved

  • ↑

    Operating result improved

    Operating result -19.41m NOK → -14.47m NOK (op. margin -0.6% → -69.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.11bn NOK to 20.85m NOK (-99.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +29.40m NOK → +13.08m NOK (net margin 0.9% → 62.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.12m NOK → 405.7k NOK (-98.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9.23m NOK → 10.84m NOK (0% → 52% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (20.12m NOK → 405.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 111.24m NOK → 16.83m NOK (-84.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6 978 NOK → 1.29m NOK. Reported fact