Org.nr 919 503 106 2022 → 2023 Year-over-year analysis

ACPH AS: årsregnskap 2023 vs 2022

Shrank 70% on revenue, weaker earnings, cash halved-plus

approved 2024-07-27; registry 2024-08-02; journal 2024 701504

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACPH AS. Revenue 579.3k NOK → 174.3k NOK (-69.9%). Net result -642.4k NOK → -1.11m NOK. Equity -1.28m NOK → -2.40m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
579.3k NOK 174.3k NOK
-69.9%
Operating result
-739.6k NOK -1.31m NOK
-77.2%
Net result
-642.4k NOK -1.11m NOK
-73.1%
Equity
-1.28m NOK -2.40m NOK
-86.6%
Cash
201.5k NOK 14.4k NOK
-92.9%
Total assets
4.80m NOK 4.09m NOK
-14.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 579.3k NOK to 174.3k NOK (-69.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -739.6k NOK → -1.31m NOK (op. margin -127.7% → -751.6%). Calculated

  • ↓

    Net result weakened

    Net result -642.4k NOK → -1.11m NOK (net margin -110.9% → -637.9%). Calculated

  • ↓

    Equity eroded

    Book equity -1.28m NOK → -2.40m NOK (equity ratio -26.7% → -58.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 201.5k NOK → 14.4k NOK (-92.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -58.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation