ACFOTO AS: årsregnskap 2023 vs 2022
Shrank 85% on revenue, stronger earnings
approved 2024-05-13; registry 2024-05-14; journal 2024 413079
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACFOTO AS. Revenue 31.7k NOK → 4 800 NOK (-84.8%). Net result -48.3k NOK → -9 719 NOK. Equity -34.3k NOK → -44.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACFOTO AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -48.3k NOK → -9 719 NOK (op. margin -152.5% → -202.5%). Calculated
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Net result improved
Net result -48.3k NOK → -9 719 NOK (net margin -152.5% → -202.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 31.7k NOK to 4 800 NOK (-84.8% YoY). Calculated
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↓
Equity eroded
Book equity -34.3k NOK → -44.0k NOK (equity ratio -360.3% → -1517.1%). Calculated
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↓
Cash fell
Bank deposits 4 690 NOK → 2 432 NOK (-48.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1517.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 11.3k NOK → 485 NOK (-95.7% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 0.2. Reported fact