ACS PROPERTY 1 AS: årsregnskap 2023 vs 2022
Shrank 74% on revenue, returned to profit, cash halved-plus
approved 2024-06-25; registry 2024-06-27; journal 2024 557036
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACS PROPERTY 1 AS. Revenue 698.2k NOK → 180.0k NOK (-74.2%). Net result -202.0k NOK → +105.8k NOK. Equity -553.7k NOK → -448.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACS PROPERTY 1 AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -173.2k NOK → +136.2k NOK (op. margin -24.8% → 75.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 202.0k NOK to a profit of 105.8k NOK. Calculated
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↑
Equity strengthened
Book equity -553.7k NOK → -448.0k NOK (equity ratio -1783.3% → -128.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 698.2k NOK to 180.0k NOK (-74.2% YoY). Calculated
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↓
Cash fell
Bank deposits 29.9k NOK → 372 NOK (-98.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 663.0k NOK → -143.7k NOK (-121.7% YoY). Calculated