FirmaIQ
Org.nr 993 581 992 2022 → 2023 Year-over-year analysis

AC BLAZE AS: årsregnskap 2023 vs 2022

Shrank 22% on revenue

approved 2024-03-25; registry 2024-06-26; journal 2024 524961

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AC BLAZE AS. Revenue 24.90m NOK → 19.37m NOK (-22.2%). Net result +4.92m NOK → +4.95m NOK. Equity 7.98m NOK → 9.94m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AC BLAZE AS.

At a glance

Scorecard

Revenue
24.90m NOK 19.37m NOK
-22.2%
Operating result
+6.31m NOK +6.35m NOK
+0.6%
Net result
+4.92m NOK +4.95m NOK
+0.6%
Equity
7.98m NOK 9.94m NOK
+24.4%
Cash
13.30m NOK 13.83m NOK
+3.9%
Total assets
15.35m NOK 17.76m NOK
+15.7%

What improved

  • ↑

    Operating result improved

    Operating result +6.31m NOK → +6.35m NOK (op. margin 25.3% → 32.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.98m NOK → 9.94m NOK (equity ratio 52.0% → 55.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.30m NOK → 13.83m NOK (+3.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.08m NOK → 3.91m NOK (24% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.90m NOK to 19.37m NOK (-22.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.05m NOK → 5.68m NOK (-37.2% YoY). Calculated