Org.nr 816 377 242 2022 → 2023 Year-over-year analysis

ACS HOLDING AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2024-06-30; registry 2024-07-15; journal 2024 638123

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACS HOLDING AS. Revenue 146.2k NOK → 430 NOK (-99.7%). Net result +135.8k NOK → +41.1k NOK. Equity 820.5k NOK → 861.6k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACS HOLDING AS.

Scorecard

Revenue
146.2k NOK 430 NOK
-99.7%
Operating result
-245.8k NOK +385.4k NOK
+256.8%
Net result
+135.8k NOK +41.1k NOK
-69.7%
Equity
820.5k NOK 861.6k NOK
+5.0%
Cash
9 760 NOK -1 573 NOK
-116.1%
Total assets
78.4k NOK 1.10m NOK
+1302.6%

What improved

  • ↑

    Operating result improved

    Operating result -245.8k NOK → +385.4k NOK (op. margin -168.2% → 89630.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 820.5k NOK → 861.6k NOK (equity ratio 1046.0% → 78.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 146.2k NOK to 430 NOK (-99.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +135.8k NOK → +41.1k NOK (net margin 92.9% → 9564.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 760 NOK → -1 573 NOK (-116.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 99.2k NOK → 30.5k NOK (-69.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 66.4k NOK → 769.5k NOK. Reported fact