Org.nr 928 988 929 2022 → 2023 Year-over-year analysis

ACADEMY OF SAFETY AND ENVIRONMENTAL STUDIES AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss

registry 2024-05-18; journal 2024 418123

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACADEMY OF SAFETY AND ENVIRONMENTAL STUDIES AS. Revenue 530.7k NOK → 530 NOK (-99.9%). Net result +271.6k NOK → -45.4k NOK. Equity 301.6k NOK → 256.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACADEMY OF SAFETY AND ENVIRONMENTAL STUDIES AS.

Scorecard

Revenue
530.7k NOK 530 NOK
-99.9%
Operating result
+346.5k NOK -44.9k NOK
-113.0%
Net result
+271.6k NOK -45.4k NOK
-116.7%
Equity
301.6k NOK 256.2k NOK
-15.0%
Cash
389.1k NOK 260.6k NOK
-33.0%
Total assets
391.8k NOK 260.9k NOK
-33.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 530.7k NOK to 530 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +346.5k NOK → -44.9k NOK (op. margin 65.3% → -8473.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 271.6k NOK profit to a loss of 45.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 301.6k NOK → 256.2k NOK (equity ratio 77.0% → 98.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 389.1k NOK → 260.6k NOK (-33.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.0k NOK → 0 NOK (-100.0% YoY). Calculated