AKADEMIET FREDRIKSTAD AS: årsregnskap 2023 vs 2022
Grew 21% on revenue, returned to profit, cash halved-plus
approved 2024-05-27; registry 2024-07-08; journal 2024 596957
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AKADEMIET FREDRIKSTAD AS. Revenue 10.97m NOK → 13.30m NOK (+21.3%). Net result -609.7k NOK → +462.9k NOK. Equity 1.35m NOK → 1.81m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIET FREDRIKSTAD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 10.97m NOK to 13.30m NOK (+21.3% YoY). Calculated
-
↑
Operating result improved
Operating result -606.2k NOK → +422.2k NOK (op. margin -5.5% → 3.2%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 609.7k NOK to a profit of 462.9k NOK. Calculated
-
↑
Equity strengthened
Book equity 1.35m NOK → 1.81m NOK (equity ratio 42.6% → 50.3%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 1.84m NOK → 71.7k NOK (-96.1% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.84m NOK → 71.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS moved
COGS / varekostnad 242.1k NOK → 512.3k NOK (+111.6% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 10.85m NOK → 13.25m NOK. Reported fact