ACOA AS: årsregnskap 2023 vs 2022
Shrank 46% on revenue, stronger earnings, cash halved-plus
approved 2024-05-22; registry 2024-05-25; journal 2024 433252
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACOA AS. Revenue 1 098 NOK → 598 NOK (-45.5%). Net result -21.1k NOK → -11.0k NOK. Equity 3 299 NOK → -7 670 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; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACOA AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -20.9k NOK → -10.2k NOK (op. margin -1902.9% → -1709.7%). Calculated
-
↑
Net result improved
Net result -21.1k NOK → -11.0k NOK (net margin -1924.5% → -1834.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1 098 NOK to 598 NOK (-45.5% YoY). Calculated
-
↓
Equity eroded
Book equity 3 299 NOK → -7 670 NOK (equity ratio 70.2% → -4764.0%). Calculated
-
↓
Cash fell
Bank deposits 4 702 NOK → 161 NOK (-96.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.35× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4764.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact