FirmaIQ
Org.nr 915 010 393 2022 → 2023 Year-over-year analysis

AEKO EIENDOMSUTVIKLING AS: årsregnskap 2023 vs 2022

Shrank 64% on revenue, slipped into loss

approved 2024-06-28; registry 2024-07-16; journal 2024 629603

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AEKO EIENDOMSUTVIKLING AS. Revenue 4.28m NOK → 1.54m NOK (-64.0%). Net result +47.19m NOK → -3.61m NOK. Equity 4.11bn NOK → 4.10bn NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AEKO EIENDOMSUTVIKLING AS.

At a glance

Scorecard

Revenue
4.28m NOK 1.54m NOK
-64.0%
Operating result
-6.19m NOK -4.24m NOK
+31.5%
Net result
+47.19m NOK -3.61m NOK
-107.6%
Equity
4.11bn NOK 4.10bn NOK
-0.1%
Cash
2.67m NOK 9.08m NOK
+239.9%
Total assets
146.54m NOK 169.18m NOK
+15.5%

What improved

  • ↑

    Operating result improved

    Operating result -6.19m NOK → -4.24m NOK (op. margin -144.6% → -275.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.67m NOK → 9.08m NOK (+239.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.01m NOK → 3.89m NOK (94% → 253% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.28m NOK to 1.54m NOK (-64.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 47.19m NOK profit to a loss of 3.61m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.11bn NOK → 4.10bn NOK (equity ratio 2801.4% → 2424.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.69m NOK → 9 250 NOK (-99.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 49.41m NOK → 156.70m NOK. Reported fact