Org.nr 920 124 380 2022 → 2023 Year-over-year analysis

ACTIVE FISHING BUOYS AS: årsregnskap 2023 vs 2022

Shrank 70% on revenue, slipped into loss

approved 2024-02-21; registry 2024-02-24; journal 2024 310972

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACTIVE FISHING BUOYS AS. Revenue 627.7k NOK → 189.0k NOK (-69.9%). Net result +251.4k NOK → -111.3k NOK. Equity 378.5k NOK → 267.1k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
627.7k NOK 189.0k NOK
-69.9%
Operating result
+250.6k NOK -111.3k NOK
-144.4%
Net result
+251.4k NOK -111.3k NOK
-144.3%
Equity
378.5k NOK 267.1k NOK
-29.4%
Cash
56.3k NOK 454.3k NOK
+706.5%
Total assets
87.5k NOK 474.2k NOK
+442.0%

What improved

  • ↑

    Cash rose

    Bank deposits 56.3k NOK → 454.3k NOK (+706.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 2.29×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 627.7k NOK to 189.0k NOK (-69.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +250.6k NOK → -111.3k NOK (op. margin 39.9% → -58.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 251.4k NOK profit to a loss of 111.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 378.5k NOK → 267.1k NOK (equity ratio 432.5% → 56.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 118 NOK → 102.0k NOK (0% → 54% of revenue). Calculated