Org.nr 938 702 675 2022 → 2023 Year-over-year analysis

AF GRUPPEN ASA: årsregnskap 2023 vs 2022

Shrank 60% on revenue, weaker earnings, fresh owner capital

approved 2024-05-15; registry 2024-06-12; journal 2024 459074

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AF GRUPPEN ASA. Revenue 1.52bn NOK → 612.00m NOK (-59.6%). Net result +1.51bn NOK → +554.00m NOK. Equity 1.32m NOK → 1.57bn NOK.

On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.

Scorecard

Revenue
1.52bn NOK 612.00m NOK
-59.6%
Operating result
+1.49m NOK +584.00m NOK
+39121.0%
Net result
+1.51bn NOK +554.00m NOK
-63.4%
Equity
1.32m NOK 1.57bn NOK
+118687.9%
Total assets
4.50bn NOK 3.86bn NOK
-14.3%

What improved

  • ↑

    Operating result improved

    Operating result +1.49m NOK → +584.00m NOK (op. margin 0.1% → 95.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.32m NOK → 1.57bn NOK (equity ratio 0.0% → 40.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 420.0k NOK → 505.0k NOK (+85.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.52bn NOK to 612.00m NOK (-59.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.51bn NOK → +554.00m NOK (net margin 99.8% → 90.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.05bn NOK → 3.07bn NOK. Reported fact