ATLANTIC SAPPHIRE ASA: årsregnskap 2023 vs 2022
Shrank 43% on revenue, stronger earnings, fresh owner capital
approved 2024-05-23; registry 2024-06-25; journal 2024 502271
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ATLANTIC SAPPHIRE ASA. Revenue 11.62m NOK → 6.67m NOK (-42.6%). Net result -2.05bn NOK → -1.33bn NOK. Equity 2.86bn NOK → 2.79bn NOK.
On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ATLANTIC SAPPHIRE ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -2.05bn NOK → -1.33bn NOK (net margin -17679.8% → -19923.1%). Calculated
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Cash rose
Bank deposits 50.11m NOK → 124.60m NOK (+148.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 5.21bn NOK → 6.47bn NOK (+1.25bn NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 11.62m NOK to 6.67m NOK (-42.6% YoY). Calculated
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Operating result weakened
Operating result -5.47m NOK → -7.23m NOK (op. margin -47.1% → -108.5%). Calculated
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Equity eroded
Book equity 2.86bn NOK → 2.79bn NOK (equity ratio 99.9% → 99.8%). Calculated
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Current ratio dropped below 1×
Current ratio 40.27× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 2.75bn NOK → 2.60bn NOK. Reported fact