BORGESTAD ASA: årsregnskap 2023 vs 2022
Shrank 71% on revenue, fresh owner capital
approved 2024-06-03; registry 2024-06-20; journal 2024 489323
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for BORGESTAD ASA. Revenue 348.0k NOK → 101.0k NOK (-71.0%). Net result -92.55m NOK → -106.39m NOK. Equity 487.8k NOK → 676.7k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for BORGESTAD ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -14.82m NOK → -13.45m NOK (op. margin -4259.5% → -13312.9%). Calculated
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↑
Equity strengthened
Book equity 487.8k NOK → 676.7k NOK (equity ratio 0.1% → 70.8%). Calculated
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Cash rose
Bank deposits 66.94m NOK → 131.17m NOK (+96.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 487.8k NOK → 676.7k NOK (+188.9k NOK). Reported fact
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Payroll decreased
Salary cost 6.29m NOK → 5.35m NOK (1808% → 5294% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 348.0k NOK to 101.0k NOK (-71.0% YoY). Calculated
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↓
Net result weakened
Net result -92.55m NOK → -106.39m NOK (net margin -26594.5% → -105337.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 513.48m NOK → 1 306 NOK. Reported fact