FirmaIQ
Org.nr 997 549 546 2022 → 2023 Year-over-year analysis

10XNORTH AS: årsregnskap 2023 vs 2022

Grew 5% on revenue, weaker earnings

approved 2024-05-30; registry 2024-06-08; journal 2024 491533

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 10XNORTH AS. Revenue 5.37m NOK → 5.66m NOK (+5.3%). Net result +184.8k NOK → +52.0k NOK. Equity 20.8k NOK → 1.07m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 10XNORTH AS.

At a glance

Scorecard

Revenue
5.37m NOK 5.66m NOK
+5.3%
Operating result
+267.7k NOK +213.2k NOK
-20.3%
Net result
+184.8k NOK +52.0k NOK
-71.9%
Equity
20.8k NOK 1.07m NOK
+5061.4%
Cash
29.1k NOK 19.5k NOK
-32.9%
Total assets
2.04m NOK 2.79m NOK
+36.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.37m NOK to 5.66m NOK (+5.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 20.8k NOK → 1.07m NOK (equity ratio 1.0% → 38.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +267.7k NOK → +213.2k NOK (op. margin 5.0% → 3.8%). Calculated

  • ↓

    Net result weakened

    Net result +184.8k NOK → +52.0k NOK (net margin 3.4% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.1k NOK → 19.5k NOK (-32.9% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact