Org.nr 924 764 740 2022 → 2023 Year-over-year analysis

AK RØRLEGGERSERVICE AS: årsregnskap 2023 vs 2022

Shrank 24% on revenue, slipped into loss, cash halved-plus

registry 2024-06-19; journal 2024 518023

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AK RØRLEGGERSERVICE AS. Revenue 502.2k NOK → 380.5k NOK (-24.2%). Net result +62.7k NOK → -91.9k NOK. Equity 87.2k NOK → -4 736 NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AK RØRLEGGERSERVICE AS.

Scorecard

Revenue
502.2k NOK 380.5k NOK
-24.2%
Operating result
+80.5k NOK -91.9k NOK
-214.2%
Net result
+62.7k NOK -91.9k NOK
-246.5%
Equity
87.2k NOK -4 736 NOK
-105.4%
Cash
83.0k NOK 4 605 NOK
-94.4%
Total assets
143.7k NOK 94.2k NOK
-34.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 502.2k NOK to 380.5k NOK (-24.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +80.5k NOK → -91.9k NOK (op. margin 16.0% → -24.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 62.7k NOK profit to a loss of 91.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 87.2k NOK → -4 736 NOK (equity ratio 60.7% → -5.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 83.0k NOK → 4 605 NOK (-94.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation