Org.nr 979 266 774 2022 → 2023 Year-over-year analysis

ACADEMIC BUSINESS FOCUS AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

registry 2024-03-09; journal 2024 322613

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACADEMIC BUSINESS FOCUS AS. Net result +3.57m NOK → +2.51m NOK. Equity 9.90m NOK → 12.33m NOK.

On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Net tougher year on the published lines.

Scorecard

Operating result
-10.7k NOK -11.9k NOK
-11.2%
Net result
+3.57m NOK +2.51m NOK
-29.8%
Equity
9.90m NOK 12.33m NOK
+24.6%
Cash
1 765 NOK 443 NOK
-74.9%
Total assets
14.00m NOK 23.80m NOK
+70.0%

What improved

  • ↑

    Equity strengthened

    Book equity 9.90m NOK → 12.33m NOK (equity ratio 70.7% → 51.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.7k NOK → -11.9k NOK. Calculated

  • ↓

    Net result weakened

    Net result +3.57m NOK → +2.51m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1 765 NOK → 443 NOK (-74.9% YoY). Calculated