FirmaIQ
Org.nr 990 727 791 2022 → 2023 Year-over-year analysis

ACTIVE BRANDS BUTIKKDRIFT AS: årsregnskap 2023 vs 2022

Shrank 18% on revenue, cash halved-plus

approved 2024-03-22; registry 2024-07-15; journal 2024 623621

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ACTIVE BRANDS BUTIKKDRIFT AS. Revenue 21.36m NOK → 17.46m NOK (-18.3%). Net result -1.43m NOK → -1.63m NOK. Equity 5.00m NOK → 3.37m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACTIVE BRANDS BUTIKKDRIFT AS.

At a glance

Scorecard

Revenue
21.36m NOK 17.46m NOK
-18.3%
Operating result
-1.77m NOK -1.98m NOK
-11.9%
Net result
-1.43m NOK -1.63m NOK
-13.8%
Equity
5.00m NOK 3.37m NOK
-32.6%
Cash
287.4k NOK 111.8k NOK
-61.1%
Total assets
9.38m NOK 7.10m NOK
-24.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.68m NOK → 3.49m NOK (22% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.36m NOK to 17.46m NOK (-18.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.77m NOK → -1.98m NOK (op. margin -8.3% → -11.4%). Calculated

  • ↓

    Net result weakened

    Net result -1.43m NOK → -1.63m NOK (net margin -6.7% → -9.3%). Calculated

  • ↓

    Equity eroded

    Book equity 5.00m NOK → 3.37m NOK (equity ratio 53.2% → 47.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 287.4k NOK → 111.8k NOK (-61.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.91m NOK → 10.95m NOK (-21.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 9 → 7. Reported fact