Org.nr 991 038 620 2022 → 2023 Year-over-year analysis

AK BYGG OG EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 12% on revenue, returned to profit, cash halved-plus

approved 2024-04-04; registry 2024-05-06; journal 2024 362275

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AK BYGG OG EIENDOM AS. Revenue 985.1k NOK → 864.0k NOK (-12.3%). Net result -490.5k NOK → +133.6k NOK. Equity 2.68m NOK → 2.81m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK BYGG OG EIENDOM AS.

Scorecard

Revenue
985.1k NOK 864.0k NOK
-12.3%
Operating result
-363.6k NOK +453.5k NOK
+224.7%
Net result
-490.5k NOK +133.6k NOK
+127.2%
Equity
2.68m NOK 2.81m NOK
+5.0%
Cash
388.6k NOK 191.9k NOK
-50.6%
Total assets
10.91m NOK 10.73m NOK
-1.6%

What improved

  • ↑

    Operating result improved

    Operating result -363.6k NOK → +453.5k NOK (op. margin -36.9% → 52.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 490.5k NOK to a profit of 133.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.68m NOK → 2.81m NOK (equity ratio 24.6% → 26.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 985.1k NOK to 864.0k NOK (-12.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 388.6k NOK → 191.9k NOK (-50.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 159.0k NOK → 0 NOK. Reported fact