AB EIGEDOM AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
approved 2024-06-17; registry 2024-06-29; journal 2024 548279
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AB EIGEDOM AS. Revenue 1.52m NOK → 1.52m NOK (-0.1%). Net result +521.7k NOK → +346.9k NOK. Equity 1.16m NOK → 1.01m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB EIGEDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +778.9k NOK → +785.0k NOK (op. margin 51.1% → 51.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.52m NOK to 1.52m NOK (-0.1% YoY). Calculated
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↓
Net result weakened
Net result +521.7k NOK → +346.9k NOK (net margin 34.2% → 22.8%). Calculated
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↓
Equity eroded
Book equity 1.16m NOK → 1.01m NOK (equity ratio 8.9% → 7.8%). Calculated
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↓
Cash fell
Bank deposits 719.1k NOK → 117.8k NOK (-83.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation