Org.nr 918 607 595 2022 → 2023 Year-over-year analysis

AK SELSKAP AS: årsregnskap 2023 vs 2022

Shrank 19% on revenue, weaker earnings, cash halved-plus

approved 2024-07-13; registry 2024-07-16; journal 2024 643668

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AK SELSKAP AS. Revenue 6.47m NOK → 5.22m NOK (-19.3%). Net result -575.5k NOK → -822.1k NOK. Equity -1.23m NOK → -2.05m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

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

Scorecard

Revenue
6.47m NOK 5.22m NOK
-19.3%
Operating result
n/m -808.8k NOK
—
Net result
-575.5k NOK -822.1k NOK
-42.9%
Equity
-1.23m NOK -2.05m NOK
-66.9%
Cash
30.4k NOK 5 133 NOK
-83.1%
Total assets
820.5k NOK 433.6k NOK
-47.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.47m NOK to 5.22m NOK (-19.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result -575.5k NOK → -822.1k NOK (net margin -8.9% → -15.7%). Calculated

  • ↓

    Equity eroded

    Book equity -1.23m NOK → -2.05m NOK (equity ratio -149.8% → -473.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.4k NOK → 5 133 NOK (-83.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -473.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.63m NOK → 3.49m NOK (-24.5% YoY). Calculated