Org.nr 919 361 239 2022 → 2023 Year-over-year analysis

AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS: årsregnskap 2023 vs 2022

Grew 40% on revenue, weaker earnings

approved 2024-06-17; registry 2024-06-19; journal 2024 519923

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS. Revenue 927.6k NOK → 1.30m NOK (+39.9%). Net result +39.5k NOK → +20.4k NOK. Equity 5.10m NOK → 121.4k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS.

Scorecard

Revenue
927.6k NOK 1.30m NOK
+39.9%
Operating result
+54.6k NOK +28.1k NOK
-48.5%
Net result
+39.5k NOK +20.4k NOK
-48.4%
Equity
5.10m NOK 121.4k NOK
-97.6%
Cash
39.7k NOK 59.8k NOK
+50.8%
Total assets
375.8k NOK 371.3k NOK
-1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 927.6k NOK to 1.30m NOK (+39.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 39.7k NOK → 59.8k NOK (+50.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +54.6k NOK → +28.1k NOK (op. margin 5.9% → 2.2%). Calculated

  • ↓

    Net result weakened

    Net result +39.5k NOK → +20.4k NOK (net margin 4.3% → 1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 5.10m NOK → 121.4k NOK (equity ratio 1357.4% → 32.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.31× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 419.2k NOK → 815.9k NOK (+94.6% YoY). Calculated