AK NORGE WIC AS: årsregnskap 2023 vs 2022
Shrank 16% on revenue, stronger earnings, cash halved-plus
approved 2024-04-11; registry 2024-05-08; journal 2024 364437
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AK NORGE WIC AS. Revenue 24.75m NOK → 20.86m NOK (-15.7%). Net result -2.55m NOK → -1.50m NOK. Equity 19.24m NOK → 17.73m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK NORGE WIC AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -2.54m NOK → -1.70m NOK (op. margin -10.3% → -8.1%). Calculated
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Net result improved
Net result -2.55m NOK → -1.50m NOK (net margin -10.3% → -7.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.75m NOK to 20.86m NOK (-15.7% YoY). Calculated
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↓
Equity eroded
Book equity 19.24m NOK → 17.73m NOK (equity ratio 81.0% → 76.5%). Calculated
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↓
Cash fell
Bank deposits 4.13m NOK → 2.05m NOK (-50.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.21m NOK → 5.65m NOK (-9.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 188.4k NOK → 316.4k NOK. Reported fact