ACTRONICS AS: årsregnskap 2023 vs 2022
Grew 15% on revenue, returned to profit, cash halved-plus
approved 2024-05-06; registry 2024-05-15; journal 2024 415286
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACTRONICS AS. Revenue 2.88m NOK → 3.32m NOK (+15.2%). Net result -378.6k NOK → +60.9k NOK. Equity -672.2k NOK → -611.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACTRONICS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.88m NOK to 3.32m NOK (+15.2% YoY). Calculated
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Operating result improved
Operating result -337.6k NOK → +195.8k NOK (op. margin -11.7% → 5.9%). Calculated
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Turned profitable
Net result flipped from a loss of 378.6k NOK to a profit of 60.9k NOK. Calculated
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Equity strengthened
Book equity -672.2k NOK → -611.3k NOK (equity ratio -235.8% → -9173.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 45.7k NOK → 6 664 NOK (-85.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -9173.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 1.71m NOK → 1.72m NOK (+0.6% YoY). Calculated