123 PROSJEKT AS: årsregnskap 2022 vs 2021
Grew 6382% on revenue, cash halved-plus
approved 2023-07-24; registry 2023-07-26; journal 2023 654217
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 123 PROSJEKT AS. Revenue 361 NOK → 23.4k NOK (+6382.0%). Net result -26.6k NOK → -27.4k NOK. Equity 11.0k NOK → -16.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 123 PROSJEKT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 361 NOK to 23.4k NOK (+6382.0% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -26.6k NOK → -27.4k NOK (op. margin -7380.3% → -117.1%). Calculated
-
↓
Equity eroded
Book equity 11.0k NOK → -16.4k NOK (equity ratio 22.5% → -50.2%). Calculated
-
↓
Cash fell
Bank deposits 15.8k NOK → 5 619 NOK (-64.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -50.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation