Org.nr 928 654 702 2022 → 2023 Year-over-year analysis

1.618 MEDICA AS: årsregnskap 2023 vs 2022

Grew 1073% on revenue, returned to profit

approved 2024-07-30; registry 2024-08-26; journal 2024 737297

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 1.618 MEDICA AS. Revenue 60.8k NOK → 713.2k NOK (+1073.0%). Net result -39.9k NOK → +54.8k NOK. Equity -15.5k NOK → 40.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 1.618 MEDICA AS.

Scorecard

Revenue
60.8k NOK 713.2k NOK
+1073.0%
Operating result
-39.9k NOK +57.7k NOK
+244.5%
Net result
-39.9k NOK +54.8k NOK
+237.4%
Equity
-15.5k NOK 40.2k NOK
+359.6%
Cash
4 943 NOK 14.7k NOK
+197.1%
Total assets
4 943 NOK 54.7k NOK
+1006.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 60.8k NOK to 713.2k NOK (+1073.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -39.9k NOK → +57.7k NOK (op. margin -65.7% → 8.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 39.9k NOK to a profit of 54.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -15.5k NOK → 40.2k NOK (equity ratio -313.5% → 73.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 943 NOK → 14.7k NOK (+197.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 8 812 NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 40.0k NOK. Reported fact