Org.nr 988 660 973 2022 → 2023 Year-over-year analysis

AH GRUPPEN AS: årsregnskap 2023 vs 2022

Shrank 88% on revenue, returned to profit, cash halved-plus

approved 2024-05-31; registry 2024-06-20; journal 2024 490294

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AH GRUPPEN AS. Revenue 6.33m NOK → 749.7k NOK (-88.2%). Net result -43.13m NOK → +55.69m NOK. Equity 17.43bn NOK → 473.82m NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
6.33m NOK 749.7k NOK
-88.2%
Operating result
-29.90m NOK -13.21m NOK
+55.8%
Net result
-43.13m NOK +55.69m NOK
+229.1%
Equity
17.43bn NOK 473.82m NOK
-97.3%
Cash
53.30m NOK 26.61m NOK
-50.1%
Total assets
643.74m NOK 669.38m NOK
+4.0%

What improved

  • ↑

    Operating result improved

    Operating result -29.90m NOK → -13.21m NOK (op. margin -472.5% → -1761.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 43.13m NOK to a profit of 55.69m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.33m NOK to 749.7k NOK (-88.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 17.43bn NOK → 473.82m NOK (equity ratio 2708.0% → 70.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 53.30m NOK → 26.61m NOK (-50.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 435.5k NOK → 75.2k NOK (-82.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 404.67m NOK → 379.29m NOK. Reported fact