Org.nr 918 028 986 2022 → 2023 Year-over-year analysis

ACØ HOLDING AS: årsregnskap 2023 vs 2022

Slipped into loss

registry 2024-06-14; journal 2024 506495

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACØ HOLDING AS. Net result +258.2k NOK → -44.3k NOK. Equity 177.6k NOK → 133.3k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACØ HOLDING AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-4 384 NOK -4 390 NOK
-0.1%
Net result
+258.2k NOK -44.3k NOK
-117.2%
Equity
177.6k NOK 133.3k NOK
-25.0%
Cash
23.2k NOK 27.3k NOK
+17.6%
Total assets
2.14m NOK 1.87m NOK
-12.5%

What improved

  • ↑

    Cash rose

    Bank deposits 23.2k NOK → 27.3k NOK (+17.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 384 NOK → -4 390 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 258.2k NOK profit to a loss of 44.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 177.6k NOK → 133.3k NOK (equity ratio 8.3% → 7.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.12m NOK → 1.85m NOK. Reported fact