Org.nr 929 640 241 2022 → 2023 Year-over-year analysis

120PLUS AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

registry 2024-07-02; journal 2024 586588

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 120PLUS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -136.2k NOK → +18.0k NOK. Equity -111.8k NOK → 24.7k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 120PLUS AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-14.0k NOK -120.5k NOK
-761.4%
Net result
-136.2k NOK +18.0k NOK
+113.2%
Equity
-111.8k NOK 24.7k NOK
+122.1%
Cash
547.1k NOK 148.0k NOK
-73.0%
Total assets
547.1k NOK 343.7k NOK
-37.2%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 136.2k NOK to a profit of 18.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -111.8k NOK → 24.7k NOK (equity ratio -20.4% → 7.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -14.0k NOK → -120.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 547.1k NOK → 148.0k NOK (-73.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1.16m NOK. Reported fact