ACRYLICON INDUSTRIGULV AS: årsregnskap 2023 vs 2022
Grew 30% on revenue, returned to profit
approved 2024-04-02; registry 2024-04-22; journal 2024 355940
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACRYLICON INDUSTRIGULV AS. Revenue 36.28m NOK → 47.25m NOK (+30.2%). Net result -2.48m NOK → +591.8k NOK. Equity 785.8k NOK → 377.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACRYLICON INDUSTRIGULV AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 36.28m NOK to 47.25m NOK (+30.2% YoY). Calculated
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Operating result improved
Operating result -3.06m NOK → +1.18m NOK (op. margin -8.4% → 2.5%). Calculated
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Turned profitable
Net result flipped from a loss of 2.48m NOK to a profit of 591.8k NOK. Calculated
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Cash rose
Bank deposits 1.77m NOK → 2.68m NOK (+51.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.89× → 1.32×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 785.8k NOK → 377.6k NOK (equity ratio 5.0% → 2.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 21.39m NOK → 24.53m NOK (59% → 52% of revenue). Calculated
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COGS moved
COGS / varekostnad 9.43m NOK → 10.77m NOK (+14.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 25. Reported fact