AH GROVA AS: årsregnskap 2023 vs 2022
Grew 6% on revenue, cash halved-plus
approved 2024-04-05; registry 2024-07-03; journal 2024 565192
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AH GROVA AS. Revenue 1.78m NOK → 1.89m NOK (+5.9%). Net result +982.2k NOK → +998.7k NOK. Equity 3.15m NOK → 3.07m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AH GROVA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.78m NOK to 1.89m NOK (+5.9% YoY). Calculated
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↑
Operating result improved
Operating result +1.35m NOK → +1.40m NOK (op. margin 75.5% → 73.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.15m NOK → 3.07m NOK (equity ratio 41.6% → 43.3%). Calculated
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↓
Cash fell
Bank deposits 1.04m NOK → 81.4k NOK (-92.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.04m NOK → 81.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation