ACTIVE LABEL AS: årsregnskap 2023 vs 2022
Shrank 47% on revenue, slipped into loss
approved 2024-07-01; registry 2024-08-03; journal 2024 714577
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACTIVE LABEL AS. Revenue 378.1k NOK → 200.0k NOK (-47.1%). Net result +17.3k NOK → -534.4k NOK. Equity 41.5k NOK → -492.9k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVE LABEL AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 104.8k NOK → 155.8k NOK (+48.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 319.5k NOK → 319 NOK (84% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 378.1k NOK to 200.0k NOK (-47.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +22.1k NOK → -688.1k NOK (op. margin 5.9% → -344.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 17.3k NOK profit to a loss of 534.4k NOK. Calculated
-
↓
Equity eroded
Book equity 41.5k NOK → -492.9k NOK (equity ratio 39.6% → -160.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.65× → -320.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -160.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation