1028 HYTTEDRIFT AS: årsregnskap 2023 vs 2022
Grew 69% on revenue, stronger earnings, cash halved-plus
approved 2024-03-18; registry 2024-04-04; journal 2024 341320
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1028 HYTTEDRIFT AS. Revenue 412.7k NOK → 698.2k NOK (+69.2%). Net result +6 301 NOK → +24.2k NOK. Equity 30.7k NOK → 30.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 1028 HYTTEDRIFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 412.7k NOK to 698.2k NOK (+69.2% YoY). Calculated
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Operating result improved
Operating result +9 662 NOK → +31.1k NOK (op. margin 2.3% → 4.5%). Calculated
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Net result improved
Net result +6 301 NOK → +24.2k NOK (net margin 1.5% → 3.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 47.9k NOK → 13.8k NOK (-71.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 83.1k NOK → 508.7k NOK (+511.9% YoY). Calculated