AE FROGNER AS: årsregnskap 2023 vs 2022
Shrank 88% on revenue, slipped into loss, cash halved-plus
approved 2024-08-30; registry 2024-09-04; journal 2024 743017
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AE FROGNER AS. Revenue 433.8k NOK → 54.0k NOK (-87.6%). Net result +1.81m NOK → -905.0k NOK. Equity 434.2k NOK → 1.53m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AE FROGNER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 434.2k NOK → 1.53m NOK (equity ratio 79.2% → 18.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.03× → 12.20×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 433.8k NOK to 54.0k NOK (-87.6% YoY). Calculated
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↓
Operating result weakened
Operating result +2.30m NOK → -1.01m NOK (op. margin 530.0% → -1866.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 1.81m NOK profit to a loss of 905.0k NOK. Calculated
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↓
Cash fell
Bank deposits 974.0k NOK → 38.3k NOK (-96.1% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 0 NOK → 134.0k NOK (None YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6.13m NOK → 0 NOK. Reported fact