Org.nr 992 690 410 2022 → 2023 Year-over-year analysis

A1 FREDRIKSTAD EIENDOMSTAKSERING AS: årsregnskap 2023 vs 2022

Shrank 93% on revenue, weaker earnings

approved 2024-07-04; registry 2024-07-27; journal 2024 675814

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A1 FREDRIKSTAD EIENDOMSTAKSERING AS. Revenue 1.39m NOK → 92.5k NOK (-93.3%). Net result +426.5k NOK → +181.7k NOK. Equity 1.05m NOK → 1.03m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A1 FREDRIKSTAD EIENDOMSTAKSERING AS.

Scorecard

Revenue
1.39m NOK 92.5k NOK
-93.3%
Operating result
+548.8k NOK +236.8k NOK
-56.8%
Net result
+426.5k NOK +181.7k NOK
-57.4%
Equity
1.05m NOK 1.03m NOK
-1.5%
Cash
229.4k NOK 226.0k NOK
-1.5%
Total assets
2.17m NOK 2.00m NOK
-7.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.39m NOK to 92.5k NOK (-93.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +548.8k NOK → +236.8k NOK (op. margin 39.4% → 255.9%). Calculated

  • ↓

    Net result weakened

    Net result +426.5k NOK → +181.7k NOK (net margin 30.7% → 196.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.05m NOK → 1.03m NOK (equity ratio 48.2% → 51.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 229.4k NOK → 226.0k NOK (-1.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 356.3k NOK → 187.6k NOK (-47.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.46m NOK → 1.69m NOK. Reported fact