10MILESNORTH AS: årsregnskap 2023 vs 2022
Grew 125344% on revenue, stronger earnings, cash halved-plus
approved 2024-04-22; registry 2024-04-29; journal 2024 380406
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 10MILESNORTH AS. Revenue 1 122 NOK → 1.41m NOK (+125344.4%). Net result -302.6k NOK → -165.7k NOK. Equity -2.60m NOK → 5.24m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 10MILESNORTH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 122 NOK to 1.41m NOK (+125344.4% YoY). Calculated
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Operating result improved
Operating result -282.2k NOK → -136.7k NOK (op. margin -25150.0% → -9.7%). Calculated
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Net result improved
Net result -302.6k NOK → -165.7k NOK (net margin -26966.0% → -11.8%). Calculated
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↑
Equity strengthened
Book equity -2.60m NOK → 5.24m NOK (equity ratio -38.1% → 75.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 6 499 NOK → -329.1k NOK (-5164.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 116 NOK → 1.15m NOK (278% → 82% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact