FirmaIQ
Org.nr 924 186 143 2022 → 2023 Year-over-year analysis

AE TYNSET AS: årsregnskap 2023 vs 2022

Grew 27% on revenue, slipped into loss

approved 2024-04-29; registry 2024-07-29; journal 2024 679887

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AE TYNSET AS. Revenue 3.70m NOK → 4.71m NOK (+27.4%). Net result +217.7k NOK → -4.09m NOK. Equity 5.80m NOK → 1.71m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE TYNSET AS.

At a glance

Scorecard

Revenue
3.70m NOK 4.71m NOK
+27.4%
Operating result
+273.2k NOK -1.78m NOK
-750.4%
Net result
+217.7k NOK -4.09m NOK
-1977.9%
Equity
5.80m NOK 1.71m NOK
-70.5%
Cash
1.53m NOK 2.36m NOK
+54.1%
Total assets
54.89m NOK 79.90m NOK
+45.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.70m NOK to 4.71m NOK (+27.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.53m NOK → 2.36m NOK (+54.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +273.2k NOK → -1.78m NOK (op. margin 7.4% → -37.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 217.7k NOK profit to a loss of 4.09m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.80m NOK → 1.71m NOK (equity ratio 10.6% → 2.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation