Org.nr 923 116 710 2022 → 2023 Year-over-year analysis

ACO PUKK AS: årsregnskap 2023 vs 2022

Shrank 41% on revenue, stronger earnings

approved 2024-05-21; registry 2024-05-30; journal 2024 458512

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACO PUKK AS. Revenue 232.8k NOK → 138.3k NOK (-40.6%). Net result -155.2k NOK → -26.0k NOK. Equity -183.0k NOK → -209.1k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACO PUKK AS.

Scorecard

Revenue
232.8k NOK 138.3k NOK
-40.6%
Operating result
-155.0k NOK -25.6k NOK
+83.5%
Net result
-155.2k NOK -26.0k NOK
+83.2%
Equity
-183.0k NOK -209.1k NOK
-14.2%
Cash
64.4k NOK 94.6k NOK
+46.8%
Total assets
108.8k NOK 108.8k NOK
+0.0%

What improved

  • ↑

    Operating result improved

    Operating result -155.0k NOK → -25.6k NOK (op. margin -66.6% → -18.5%). Calculated

  • ↑

    Net result improved

    Net result -155.2k NOK → -26.0k NOK (net margin -66.7% → -18.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 64.4k NOK → 94.6k NOK (+46.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 232.8k NOK to 138.3k NOK (-40.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -183.0k NOK → -209.1k NOK (equity ratio -168.2% → -192.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -192.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation