Org.nr 997 877 098 2022 → 2023 Year-over-year analysis

AHMAD HARMOUCH AS: årsregnskap 2023 vs 2022

Shrank 99% on revenue, weaker earnings, cash halved-plus

approved 2024-07-30; registry 2024-08-03; journal 2024 715345

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AHMAD HARMOUCH AS. Revenue 4.72m NOK → 33.7k NOK (-99.3%). Net result -338.7k NOK → -582.6k NOK. Equity 769.3k NOK → 626.7k NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
4.72m NOK 33.7k NOK
-99.3%
Operating result
-352.2k NOK -513.1k NOK
-45.7%
Net result
-338.7k NOK -582.6k NOK
-72.0%
Equity
769.3k NOK 626.7k NOK
-18.5%
Cash
149.3k NOK 27.8k NOK
-81.4%
Total assets
809.3k NOK 877.0k NOK
+8.4%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 500.0k NOK → 626.7k NOK (+126.7k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 2.38m NOK → 1 377 NOK (50% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.72m NOK to 33.7k NOK (-99.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -352.2k NOK → -513.1k NOK (op. margin -7.5% → -1522.9%). Calculated

  • ↓

    Net result weakened

    Net result -338.7k NOK → -582.6k NOK (net margin -7.2% → -1729.2%). Calculated

  • ↓

    Equity eroded

    Book equity 769.3k NOK → 626.7k NOK (equity ratio 95.1% → 71.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 149.3k NOK → 27.8k NOK (-81.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.99m NOK → 3 988 NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 660.0k NOK → 413.0k NOK. Reported fact