ACO RENGJØRING AS: årsregnskap 2023 vs 2022
Grew 45% on revenue, slipped into loss, cash halved-plus
approved 2024-08-09; registry 2024-08-27; journal 2024 733123
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACO RENGJØRING AS. Revenue 12.86m NOK → 18.69m NOK (+45.3%). Net result +181.0k NOK → -2.87m NOK. Equity 2.65m NOK → -227.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ACO RENGJØRING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.86m NOK to 18.69m NOK (+45.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +481.2k NOK → -2.68m NOK (op. margin 3.7% → -14.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 181.0k NOK profit to a loss of 2.87m NOK. Calculated
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↓
Equity eroded
Book equity 2.65m NOK → -227.8k NOK (equity ratio 56.2% → -4.3%). Calculated
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↓
Cash fell
Bank deposits 2.23m NOK → 598.1k NOK (-73.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.21× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.23m NOK → 598.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 7.73m NOK → 12.21m NOK (60% → 65% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.51m NOK → 4.04m NOK (+60.9% YoY). Calculated