AH CLASSIC CARS AS: årsregnskap 2023 vs 2022
Grew 661% on revenue, weaker earnings
registry 2024-07-10; journal 2024 607068
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AH CLASSIC CARS AS. Revenue 211.3k NOK → 1.61m NOK (+660.6%). Net result -1.44m NOK → -12.99m NOK. Equity 11.66m NOK → -1.33m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AH CLASSIC CARS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 211.3k NOK to 1.61m NOK (+660.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -1.38m NOK → -12.92m NOK (op. margin -652.4% → -803.9%). Calculated
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↓
Net result weakened
Net result -1.44m NOK → -12.99m NOK (net margin -680.1% → -808.5%). Calculated
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↓
Equity eroded
Book equity 11.66m NOK → -1.33m NOK (equity ratio 81.2% → -30.8%). Calculated
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↓
Cash fell
Bank deposits 446.8k NOK → 266.4k NOK (-40.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -30.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 11.66m NOK → 6.82m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 1 127 NOK → 3.57m NOK (1% → 222% of revenue). Calculated
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COGS moved
COGS / varekostnad 1.34m NOK → 10.68m NOK (+697.0% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 1. Reported fact