FirmaIQ
Org.nr 989 500 422 2022 → 2023 Year-over-year analysis

ACADEMICA MALERENTREPRENØREN AS: årsregnskap 2023 vs 2022

Shrank 28% on revenue, weaker earnings, cash halved-plus

approved 2024-02-21; registry 2024-02-29; journal 2024 314086

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ACADEMICA MALERENTREPRENØREN AS. Revenue 36.95m NOK → 26.56m NOK (-28.1%). Net result +4.15m NOK → +1.26m NOK. Equity 2.52m NOK → 2.78m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACADEMICA MALERENTREPRENØREN AS.

At a glance

Scorecard

Revenue
36.95m NOK 26.56m NOK
-28.1%
Operating result
+5.37m NOK +1.66m NOK
-69.1%
Net result
+4.15m NOK +1.26m NOK
-69.6%
Equity
2.52m NOK 2.78m NOK
+10.4%
Cash
6.25m NOK 2.81m NOK
-55.1%
Total assets
14.82m NOK 8.55m NOK
-42.3%

What improved

  • ↑

    Equity strengthened

    Book equity 2.52m NOK → 2.78m NOK (equity ratio 17.0% → 32.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 36.95m NOK to 26.56m NOK (-28.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.37m NOK → +1.66m NOK (op. margin 14.5% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +4.15m NOK → +1.26m NOK (net margin 11.2% → 4.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.25m NOK → 2.81m NOK (-55.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 12.21m NOK → 12.53m NOK (33% → 47% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.84m NOK → 8.77m NOK (-40.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 19 → 16. Reported fact