A2Z GRAVING OG BYGG AS: årsregnskap 2023 vs 2022
Grew 1044% on revenue, slipped into loss, cash halved-plus
approved 2024-08-13; registry 2024-08-15; journal 2024 729437
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A2Z GRAVING OG BYGG AS. Revenue 85.2k NOK → 974.9k NOK (+1043.7%). Net result +12.6k NOK → -254.4k NOK. Equity 82.7k NOK → -171.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for A2Z GRAVING OG BYGG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 85.2k NOK to 974.9k NOK (+1043.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9 139 NOK → -268.1k NOK (op. margin 10.7% → -27.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 12.6k NOK profit to a loss of 254.4k NOK. Calculated
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↓
Equity eroded
Book equity 82.7k NOK → -171.7k NOK (equity ratio 78.7% → -43.1%). Calculated
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↓
Cash fell
Bank deposits 788.7k NOK → 20.6k NOK (-97.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.85× → 0.33× — 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 -43.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 82.7k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 51.1k NOK → 207.2k NOK (+305.7% YoY). Calculated