ACTIVE FLOW AS: årsregnskap 2023 vs 2022
Grew 10% on revenue, slipped into loss, cash halved-plus
approved 2024-06-30; registry 2024-07-27; journal 2024 675914
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACTIVE FLOW AS. Revenue 1.45m NOK → 1.59m NOK (+9.8%). Net result +26.2k NOK → -297.7k NOK. Equity 332.8k NOK → 35.1k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACTIVE FLOW AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.45m NOK to 1.59m NOK (+9.8% YoY). Calculated
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↑
Operating result improved
Operating result +35.0k NOK → +77.1k NOK (op. margin 2.4% → 4.8%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 26.2k NOK profit to a loss of 297.7k NOK. Calculated
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↓
Equity eroded
Book equity 332.8k NOK → 35.1k NOK (equity ratio 387.9% → 3.4%). Calculated
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↓
Cash fell
Bank deposits 468.4k NOK → 42.8k NOK (-90.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 59.9k NOK → 209.9k NOK. Reported fact