Org.nr 925 270 288 2022 → 2023 Year-over-year analysis

AH MYSENSGATE EIENDOM AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, stronger earnings

approved 2024-05-12; registry 2024-06-10; journal 2024 439284

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AH MYSENSGATE EIENDOM AS. Revenue 376.1k NOK → 463.3k NOK (+23.2%). Net result -134.1k NOK → -69.1k NOK. Equity -15.2k NOK → -100.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH MYSENSGATE EIENDOM AS.

Scorecard

Revenue
376.1k NOK 463.3k NOK
+23.2%
Operating result
+10.4k NOK +150.3k NOK
+1351.5%
Net result
-134.1k NOK -69.1k NOK
+48.5%
Equity
-15.2k NOK -100.5k NOK
-563.0%
Cash
26.3k NOK 49.2k NOK
+87.0%
Total assets
4.15m NOK 3.94m NOK
-5.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 376.1k NOK to 463.3k NOK (+23.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.4k NOK → +150.3k NOK (op. margin 2.8% → 32.4%). Calculated

  • ↑

    Net result improved

    Net result -134.1k NOK → -69.1k NOK (net margin -35.7% → -14.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 26.3k NOK → 49.2k NOK (+87.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -15.2k NOK → -100.5k NOK (equity ratio -0.4% → -2.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.55× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation