Org.nr 920 641 172 2022 → 2023 Year-over-year analysis

1 TIME AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-06-12; registry 2024-06-22; journal 2024 508773

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 1 TIME AS. Net result +5.33m NOK → -3.20m NOK. Equity 54.22m NOK → 50.37m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1 TIME AS.

Scorecard

Operating result
-83.0k NOK -77.1k NOK
+7.1%
Net result
+5.33m NOK -3.20m NOK
-160.0%
Equity
54.22m NOK 50.37m NOK
-7.1%
Cash
277.4k NOK 407.7k NOK
+47.0%
Total assets
54.57m NOK 51.16m NOK
-6.2%

What improved

  • ↑

    Operating result improved

    Operating result -83.0k NOK → -77.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 277.4k NOK → 407.7k NOK (+47.0% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 5.33m NOK profit to a loss of 3.20m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 54.22m NOK → 50.37m NOK (equity ratio 99.4% → 98.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 34.40m NOK → 1 750 NOK. Reported fact