Org.nr 916 785 437 2022 → 2023 Year-over-year analysis

AKERVALLEY AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

approved 2024-05-21; registry 2024-06-03; journal 2024 473289

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AKERVALLEY AS. Revenue 140.9k NOK → 150 NOK (-99.9%). Net result -911.9k NOK → -1.41m NOK. Equity -766.8k NOK → -2.18m NOK.

On the constructive side: cash rose. 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 AKERVALLEY AS.

Scorecard

Revenue
140.9k NOK 150 NOK
-99.9%
Operating result
-910.6k NOK -1.37m NOK
-50.9%
Net result
-911.9k NOK -1.41m NOK
-54.9%
Equity
-766.8k NOK -2.18m NOK
-184.3%
Cash
25.5k NOK 35.1k NOK
+37.5%
Total assets
87.5k NOK 41.6k NOK
-52.5%

What improved

  • ↑

    Cash rose

    Bank deposits 25.5k NOK → 35.1k NOK (+37.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 140.9k NOK to 150 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -910.6k NOK → -1.37m NOK (op. margin -646.3% → -915967.3%). Calculated

  • ↓

    Net result weakened

    Net result -911.9k NOK → -1.41m NOK (net margin -647.2% → -942042.7%). Calculated

  • ↓

    Equity eroded

    Book equity -766.8k NOK → -2.18m NOK (equity ratio -876.2% → -5242.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 479 NOK → 803.2k NOK (1% → 535479% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5242.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation