Org.nr 927 442 183 2022 → 2023 Year-over-year analysis

123 MULTISERVICE AS: årsregnskap 2023 vs 2022

Grew 555% on revenue, stronger earnings

approved 2024-07-29; registry 2024-08-26; journal 2024 736710

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 123 MULTISERVICE AS. Revenue 148.9k NOK → 975.3k NOK (+554.9%). Net result -431.7k NOK → -341.2k NOK. Equity -484.0k NOK → 644.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for 123 MULTISERVICE AS.

Scorecard

Revenue
148.9k NOK 975.3k NOK
+554.9%
Operating result
-431.7k NOK -341.2k NOK
+21.0%
Net result
-431.7k NOK -341.2k NOK
+21.0%
Equity
-484.0k NOK 644.9k NOK
+233.2%
Cash
51.9k NOK 219.5k NOK
+322.8%
Total assets
732.9k NOK 1.38m NOK
+88.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 148.9k NOK to 975.3k NOK (+554.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -431.7k NOK → -341.2k NOK (op. margin -289.9% → -35.0%). Calculated

  • ↑

    Net result improved

    Net result -431.7k NOK → -341.2k NOK (net margin -289.9% → -35.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -484.0k NOK → 644.9k NOK (equity ratio -66.0% → 46.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 51.9k NOK → 219.5k NOK (+322.8% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.02× → -477.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 24.4k NOK → 1 494 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 815 NOK → 579.8k NOK (+71039.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 162.3k NOK → 136.8k NOK. Reported fact