ABC HÅNDVERKEREN FRANKIEWICZ AS: årsregnskap 2023 vs 2022
Grew 17% on revenue, slipped into loss, cash halved-plus
registry 2024-05-29; journal 2024 453625
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABC HÅNDVERKEREN FRANKIEWICZ AS. Revenue 1.71m NOK → 2.00m NOK (+16.6%). Net result +5 221 NOK → -11.5k NOK. Equity 88.6k NOK → 77.0k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABC HÅNDVERKEREN FRANKIEWICZ AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.71m NOK to 2.00m NOK (+16.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.15×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9 942 NOK → +1 039 NOK (op. margin 0.6% → 0.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 5 221 NOK profit to a loss of 11.5k NOK. Calculated
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↓
Equity eroded
Book equity 88.6k NOK → 77.0k NOK (equity ratio 15.2% → 15.2%). Calculated
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↓
Cash fell
Bank deposits 321.3k NOK → 159.0k NOK (-50.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 1.46m NOK (0% → 73% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 360.7k NOK → 222.3k NOK (-38.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 1. Reported fact