AKATH HOLDING AS: årsregnskap 2023 vs 2022
Shrank 54% on revenue, weaker earnings
approved 2024-05-14; registry 2024-06-20; journal 2024 528514
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AKATH HOLDING AS. Revenue 764.9k NOK → 354.5k NOK (-53.7%). Net result +3.50m NOK → +277.1k NOK. Equity 7.07m NOK → 7.34m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKATH HOLDING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +39.9k NOK → +231.5k NOK (op. margin 5.2% → 65.3%). Calculated
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Equity strengthened
Book equity 7.07m NOK → 7.34m NOK (equity ratio 97.9% → 96.1%). Calculated
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Cash rose
Bank deposits 216.4k NOK → 681.4k NOK (+214.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 764.9k NOK to 354.5k NOK (-53.7% YoY). Calculated
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↓
Net result weakened
Net result +3.50m NOK → +277.1k NOK (net margin 457.6% → 78.2%). Calculated
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Payroll up without matching revenue
Salary cost 1 620 NOK → 959.0k NOK (0% → 271% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 1 NOK. Reported fact