Org.nr 989 270 273 2022 → 2023 Year-over-year analysis

HESTNES-LANDE HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings

registry 2024-03-16; journal 2024 328817

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for HESTNES-LANDE HOLDING AS. Revenue 10.9k NOK → 10.9k NOK (0.0%). Net result -23.4k NOK → -59.3k NOK. Equity 770.0k NOK → 710.7k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HESTNES-LANDE HOLDING AS.

Scorecard

Revenue
10.9k NOK 10.9k NOK
0.0%
Operating result
-7 842 NOK -21.2k NOK
-170.1%
Net result
-23.4k NOK -59.3k NOK
-153.6%
Equity
770.0k NOK 710.7k NOK
-7.7%
Cash
16.3k NOK 11.4k NOK
-30.0%
Total assets
782.1k NOK 726.4k NOK
-7.1%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7 842 NOK → -21.2k NOK (op. margin -71.7% → -193.7%). Calculated

  • ↓

    Net result weakened

    Net result -23.4k NOK → -59.3k NOK (net margin -213.9% → -542.5%). Calculated

  • ↓

    Equity eroded

    Book equity 770.0k NOK → 710.7k NOK (equity ratio 98.4% → 97.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 16.3k NOK → 11.4k NOK (-30.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 361.8k NOK → 323.7k NOK. Reported fact