Org.nr 996 638 707 2022 → 2023 Year-over-year analysis

1080 MAP AS: årsregnskap 2023 vs 2022

Shrank 72% on revenue, weaker earnings

approved 2024-06-26; registry 2024-08-02; journal 2024 697590

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 1080 MAP AS. Revenue 259.1k NOK → 71.9k NOK (-72.2%). Net result +119.2k NOK → +27.1k NOK. Equity 0 NOK → -102.1k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1080 MAP AS.

Scorecard

Revenue
259.1k NOK 71.9k NOK
-72.2%
Operating result
+133.7k NOK +25.9k NOK
-80.7%
Net result
+119.2k NOK +27.1k NOK
-77.2%
Equity
0 NOK -102.1k NOK
—
Cash
10.5k NOK 9 740 NOK
-7.0%
Total assets
0 NOK 359.4k NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 259.1k NOK to 71.9k NOK (-72.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +133.7k NOK → +25.9k NOK (op. margin 51.6% → 35.9%). Calculated

  • ↓

    Net result weakened

    Net result +119.2k NOK → +27.1k NOK (net margin 46.0% → 37.7%). Calculated

  • ↓

    Equity eroded

    Book equity 0 NOK → -102.1k NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad -15.1k NOK → 0 NOK (+100.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -28.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation