Org.nr 917 625 093 2022 → 2023 Year-over-year analysis

ACVT HOLDING AS: årsregnskap 2023 vs 2022

Another loss-making year

approved 2024-02-15; registry 2024-02-19; journal 2024 308047

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACVT HOLDING AS. Net result -3 328 NOK → -2 904 NOK. Equity 1 043 NOK → -1 861 NOK.

On the constructive side: operating result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACVT HOLDING AS.

Scorecard

Operating result
-3 328 NOK -2 904 NOK
+12.7%
Net result
-3 328 NOK -2 904 NOK
+12.7%
Equity
1 043 NOK -1 861 NOK
-278.4%
Cash
11.0k NOK 8 138 NOK
-26.3%
Total assets
301.0k NOK 298.1k NOK
-1.0%

What improved

  • ↑

    Operating result improved

    Operating result -3 328 NOK → -2 904 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1 043 NOK → -1 861 NOK (equity ratio 0.3% → -0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.0k NOK → 8 138 NOK (-26.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 170.14× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 250 NOK → 250.0k NOK. Reported fact