+ ARK AS: årsregnskap 2023 vs 2022
Shrank 15% on revenue, weaker earnings
approved 2024-03-06; registry 2024-03-20; journal 2024 333540
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for + ARK AS. Revenue 1.17m NOK → 986.7k NOK (-15.4%). Net result +92.4k NOK → +40.6k NOK. Equity 60.1k NOK → 1.10m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for + ARK AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 60.1k NOK → 1.10m NOK (equity ratio 4.5% → 85.1%). Calculated
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↑
Payroll decreased
Salary cost 811.2k NOK → 739.5k NOK (70% → 75% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.17m NOK to 986.7k NOK (-15.4% YoY). Calculated
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↓
Operating result weakened
Operating result +113.3k NOK → +39.7k NOK (op. margin 9.7% → 4.0%). Calculated
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↓
Net result weakened
Net result +92.4k NOK → +40.6k NOK (net margin 7.9% → 4.1%). Calculated
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↓
Cash fell
Bank deposits 487.5k NOK → 392.2k NOK (-19.5% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 780 NOK → 100.8k NOK (+12820.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 800 NOK → 800.0k NOK. Reported fact