AB Invest A/S: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-04-25; registry 2024-06-14; journal 2024 463226
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AB Invest A/S. Revenue 9.28m NOK → 9.46m NOK (+2.0%). Net result +22.92m NOK → +4.53m NOK. Equity 369.21m NOK → 288.74m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AB Invest A/S.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.28m NOK to 9.46m NOK (+2.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 16.18m NOK → 14.76m NOK (174% → 156% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -15.06m NOK → -15.81m NOK (op. margin -162.4% → -167.1%). Calculated
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↓
Net result weakened
Net result +22.92m NOK → +4.53m NOK (net margin 247.1% → 47.9%). Calculated
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↓
Equity eroded
Book equity 369.21m NOK → 288.74m NOK (equity ratio 7.9% → 5.6%). Calculated
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↓
Cash fell
Bank deposits 248.07m NOK → 189.12m NOK (-23.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 17.90m NOK → 1.90m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 143.98m NOK → 245.91m NOK (+70.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.33bn NOK → 3.84bn NOK. Reported fact