Org.nr 927 785 056 2022 → 2023 Year-over-year analysis

ASKELADDEN & CO AS: årsregnskap 2023 vs 2022

Grew 186371% on revenue, weaker earnings

approved 2024-06-28; registry 2024-08-19; journal 2024 708092

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ASKELADDEN & CO AS. Revenue 4 568 NOK → 8.52m NOK (+186371.1%). Net result -5.01m NOK → -166.30m NOK. Equity 1.04bn NOK → 709.09m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ASKELADDEN & CO AS.

Scorecard

Revenue
4 568 NOK 8.52m NOK
+186371.1%
Operating result
-11.67m NOK -22.64m NOK
-94.0%
Net result
-5.01m NOK -166.30m NOK
-3218.0%
Equity
1.04bn NOK 709.09m NOK
-31.6%
Cash
69.18m NOK 39.67m NOK
-42.7%
Total assets
1.04bn NOK 720.60m NOK
-30.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 568 NOK to 8.52m NOK (+186371.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.67m NOK → -22.64m NOK (op. margin -255429.1% → -265.8%). Calculated

  • ↓

    Net result weakened

    Net result -5.01m NOK → -166.30m NOK (net margin -109719.8% → -1952.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.04bn NOK → 709.09m NOK (equity ratio 99.5% → 98.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 69.18m NOK → 39.67m NOK (-42.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.05bn NOK → 893.63m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 9 600 NOK → 26.65m NOK (210% → 313% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 955 NOK → 662.30m NOK. Reported fact