AK CONSTRUCTION AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, stronger earnings
approved 2024-05-30; registry 2024-06-03; journal 2024 475591
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AK CONSTRUCTION AS. Revenue 34.5k NOK → 0 NOK (-100.0%). Net result -44.8k NOK → -15.6k NOK. Equity -197.4k NOK → -212.9k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AK CONSTRUCTION AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -44.1k NOK → -15.6k NOK. Calculated
-
↑
Net result improved
Net result -44.8k NOK → -15.6k NOK. Calculated
-
↑
Cash rose
Bank deposits 837 NOK → 17.4k NOK (+1976.8% YoY). Calculated
-
↑
Payroll decreased
Salary cost 31.7k NOK → 0 NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 34.5k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Equity eroded
Book equity -197.4k NOK → -212.9k NOK (equity ratio -199.1% → -888.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -888.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation