Org.nr 999 241 883 2022 → 2023 Year-over-year analysis

AIBEL ASA: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

approved 2024-02-09; registry 2024-08-07; journal 2024 632677

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIBEL ASA. Revenue 0 NOK → 15.78bn NOK. Net result +12.46m NOK → +12.5k NOK. Equity 3.97bn NOK → 3.34bn NOK.

On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AIBEL ASA.

Scorecard

Revenue
0 NOK 15.78bn NOK
—
Operating result
-9.02m NOK -5.12m NOK
+43.2%
Net result
+12.46m NOK +12.5k NOK
-99.9%
Equity
3.97bn NOK 3.34bn NOK
-16.0%
Cash
552.0k NOK 125.0k NOK
-77.4%
Total assets
4.23bn NOK 4.26bn NOK
+0.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 15.78bn NOK. Calculated

  • ↑

    Operating result improved

    Operating result -9.02m NOK → -5.12m NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 75.48×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +12.46m NOK → +12.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.97bn NOK → 3.34bn NOK (equity ratio 93.8% → 78.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 552.0k NOK → 125.0k NOK (-77.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.96bn NOK → 3.34bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.21bn NOK → 4.21bn NOK. Reported fact