ACORN DESIGN AS: årsregnskap 2023 vs 2022
Shrank 61% on revenue, returned to profit
registry 2024-05-18; journal 2024 417866
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACORN DESIGN AS. Revenue 568.0k NOK → 223.4k NOK (-60.7%). Net result -254.9k NOK → +450.5k NOK. Equity 136.6k NOK → 587.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACORN DESIGN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -235.7k NOK → +509.0k NOK (op. margin -41.5% → 227.8%). Calculated
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Turned profitable
Net result flipped from a loss of 254.9k NOK to a profit of 450.5k NOK. Calculated
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Equity strengthened
Book equity 136.6k NOK → 587.1k NOK (equity ratio 67.3% → 70.9%). Calculated
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Cash rose
Bank deposits 100.6k NOK → 364.3k NOK (+262.3% YoY). Calculated
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Payroll decreased
Salary cost 1.36m NOK → 103.0k NOK (239% → 46% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 568.0k NOK to 223.4k NOK (-60.7% YoY). Calculated
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COGS moved
COGS / varekostnad 52.6k NOK → 200.4k NOK (+281.3% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 7 499 NOK → 5 NOK. Reported fact