ACTIVUM BRYNE AS: årsregnskap 2023 vs 2022
Grew 5% on revenue, weaker earnings, cash halved-plus
approved 2024-04-12; registry 2024-04-22; journal 2024 366644
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACTIVUM BRYNE AS. Revenue 518.0k NOK → 545.8k NOK (+5.4%). Net result -308.7k NOK → -397.7k NOK. Equity 626.5k NOK → 228.9k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ACTIVUM BRYNE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 518.0k NOK to 545.8k NOK (+5.4% YoY). Calculated
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↑
Operating result improved
Operating result -165.7k NOK → -112.1k NOK (op. margin -32.0% → -20.5%). Calculated
What deteriorated
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↓
Net result weakened
Net result -308.7k NOK → -397.7k NOK (net margin -59.6% → -72.9%). Calculated
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↓
Equity eroded
Book equity 626.5k NOK → 228.9k NOK (equity ratio 6.3% → 2.4%). Calculated
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↓
Cash fell
Bank deposits 2.06m NOK → 132.7k NOK (-93.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.06m NOK → 132.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 14.4k NOK (0% → 3% of revenue). Calculated