Org.nr 914 340 632 2022 → 2023 Year-over-year analysis

AKB AS: årsregnskap 2023 vs 2022

Grew 8% on revenue, stronger earnings, cash halved-plus

approved 2024-06-27; registry 2024-07-17; journal 2024 636961

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AKB AS. Revenue 360.0k NOK → 387.5k NOK (+7.6%). Net result +7.11m NOK → +20.55m NOK. Equity 341.06m NOK → 357.50m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKB AS.

Scorecard

Revenue
360.0k NOK 387.5k NOK
+7.6%
Operating result
+201.7k NOK +218.3k NOK
+8.2%
Net result
+7.11m NOK +20.55m NOK
+189.0%
Equity
341.06m NOK 357.50m NOK
+4.8%
Cash
37.14m NOK 11.18m NOK
-69.9%
Total assets
362.27m NOK 389.27m NOK
+7.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 360.0k NOK to 387.5k NOK (+7.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +201.7k NOK → +218.3k NOK (op. margin 56.0% → 56.3%). Calculated

  • ↑

    Net result improved

    Net result +7.11m NOK → +20.55m NOK (net margin 1975.3% → 5304.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 341.06m NOK → 357.50m NOK (equity ratio 94.1% → 91.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 37.14m NOK → 11.18m NOK (-69.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (37.14m NOK → 11.18m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 27.27m NOK → 25.10m NOK. Reported fact