AB-MOTOR HOLDING AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-04-17; registry 2024-06-11; journal 2024 448031
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AB-MOTOR HOLDING AS. Net result -12.6k NOK → -22.8k NOK. Equity 32.4k NOK → 9 642 NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AB-MOTOR HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 2 422 NOK → 73.5k NOK (+2936.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -12.6k NOK → -22.8k NOK. Calculated
-
↓
Net result weakened
Net result -12.6k NOK → -22.8k NOK. Calculated
-
↓
Equity eroded
Book equity 32.4k NOK → 9 642 NOK (equity ratio 100.0% → 0.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 30.0k NOK → 1 NOK. Reported fact