FirmaIQ
Org.nr 995 767 813 2022 → 2023 Year-over-year analysis

ACTIVE BRANDS AS: årsregnskap 2023 vs 2022

Shrank 16% on revenue, slipped into loss

approved 2024-03-22; registry 2024-07-16; journal 2024 631337

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ACTIVE BRANDS AS. Revenue 1.27bn NOK → 1.07bn NOK (-15.5%). Net result +14.13m NOK → -127.66m NOK. Equity 318.96m NOK → 180.02m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.27bn NOK 1.07bn NOK
-15.5%
Operating result
+44.86m NOK -114.02m NOK
-354.2%
Net result
+14.13m NOK -127.66m NOK
-1003.1%
Equity
318.96m NOK 180.02m NOK
-43.6%
Cash
23.57m NOK 68.77m NOK
+191.8%
Total assets
890.50m NOK 961.1k NOK
-99.9%

What improved

  • ↑

    Cash rose

    Bank deposits 23.57m NOK → 68.77m NOK (+191.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.27bn NOK to 1.07bn NOK (-15.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +44.86m NOK → -114.02m NOK (op. margin 3.5% → -10.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 14.13m NOK profit to a loss of 127.66m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 318.96m NOK → 180.02m NOK (equity ratio 35.8% → 18730.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.74× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated