FirmaIQ
Org.nr 987 903 066 2022 → 2023 Year-over-year analysis

AKER INSURANCE SERVICES AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-05-06; registry 2024-06-06; journal 2024 433152

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AKER INSURANCE SERVICES AS. Revenue 15.36m NOK → 15.27m NOK (-0.6%). Net result +2.21m NOK → +1.71m NOK. Equity 1.10m NOK → 1.07m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKER INSURANCE SERVICES AS.

At a glance

Scorecard

Revenue
15.36m NOK 15.27m NOK
-0.6%
Operating result
+2.84m NOK +1.93m NOK
-32.2%
Net result
+2.21m NOK +1.71m NOK
-22.6%
Equity
1.10m NOK 1.07m NOK
-2.8%
Cash
11.70m NOK 11.54m NOK
-1.3%
Total assets
12.56m NOK 12.36m NOK
-1.6%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 3.14m NOK → 3.46m NOK (+313.2k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.36m NOK to 15.27m NOK (-0.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.84m NOK → +1.93m NOK (op. margin 18.5% → 12.6%). Calculated

  • ↓

    Net result weakened

    Net result +2.21m NOK → +1.71m NOK (net margin 14.4% → 11.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.10m NOK → 1.07m NOK (equity ratio 8.8% → 8.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.70m NOK → 11.54m NOK (-1.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation