AF BIL AS: årsregnskap 2023 vs 2022
Grew 196253% on revenue, weaker earnings
approved 2024-06-13; registry 2024-06-25; journal 2024 543848
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AF BIL AS. Revenue 2 901 NOK → 5.70m NOK (+196253.5%). Net result -109.1k NOK → -574.9k NOK. Equity 115.4k NOK → -459.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AF BIL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 901 NOK to 5.70m NOK (+196253.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -86.9k NOK → -387.9k NOK (op. margin -2993.8% → -6.8%). Calculated
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↓
Net result weakened
Net result -109.1k NOK → -574.9k NOK (net margin -3760.0% → -10.1%). Calculated
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↓
Equity eroded
Book equity 115.4k NOK → -459.5k NOK (equity ratio 5.9% → -11.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 2.31m NOK (0% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 762 NOK → 5.45m NOK (+197348.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 NOK → 100.0k NOK. Reported fact