FirmaIQ
Org.nr 924 989 467 2022 → 2023 Year-over-year analysis

AK NORD AS: årsregnskap 2023 vs 2022

Grew 119% on revenue, stronger earnings

approved 2024-05-14; registry 2024-05-15; journal 2024 415628

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AK NORD AS. Revenue 22.90m NOK → 50.25m NOK (+119.4%). Net result +140.8k NOK → +3.07m NOK. Equity 412.6k NOK → 185.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AK NORD AS.

At a glance

Scorecard

Revenue
22.90m NOK 50.25m NOK
+119.4%
Operating result
+343.7k NOK +3.94m NOK
+1046.6%
Net result
+140.8k NOK +3.07m NOK
+2081.5%
Equity
412.6k NOK 185.2k NOK
-55.1%
Cash
823.7k NOK 992.8k NOK
+20.5%
Total assets
8.11m NOK 16.67m NOK
+105.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.90m NOK to 50.25m NOK (+119.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +343.7k NOK → +3.94m NOK (op. margin 1.5% → 7.8%). Calculated

  • ↑

    Net result improved

    Net result +140.8k NOK → +3.07m NOK (net margin 0.6% → 6.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 823.7k NOK → 992.8k NOK (+20.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 412.6k NOK → 185.2k NOK (equity ratio 5.1% → 1.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7.96m NOK → 25.11m NOK (+215.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 20 → 22. Reported fact