Org.nr 926 178 865 2022 → 2023 Year-over-year analysis

A90 HOLDING AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

approved 2024-05-28; registry 2024-06-03; journal 2024 474613

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A90 HOLDING AS. Revenue 150 NOK → 0 NOK (-100.0%). Net result -754.4k NOK → -1.30m NOK. Equity -928.3k NOK → -2.23m NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A90 HOLDING AS.

Scorecard

Revenue
150 NOK 0 NOK
-100.0%
Operating result
-109.2k NOK -39.1k NOK
+64.2%
Net result
-754.4k NOK -1.30m NOK
-72.7%
Equity
-928.3k NOK -2.23m NOK
-140.3%
Cash
623.2k NOK 867.4k NOK
+39.2%
Total assets
18.49m NOK 19.55m NOK
+5.8%

What improved

  • ↑

    Operating result improved

    Operating result -109.2k NOK → -39.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 623.2k NOK → 867.4k NOK (+39.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 150 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result -754.4k NOK → -1.30m NOK. Calculated

  • ↓

    Equity eroded

    Book equity -928.3k NOK → -2.23m NOK (equity ratio -5.0% → -11.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -11.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 17.86m NOK → 18.69m NOK. Reported fact