123HAPPYNOW AS: årsregnskap 2022 vs 2021
Grew 25% on revenue, returned to profit
approved 2023-05-01; registry 2023-06-17; journal 2023 492653
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 123HAPPYNOW AS. Revenue 211.8k NOK → 265.6k NOK (+25.4%). Net result -14.3k NOK → +182.3k NOK. Equity -755.2k NOK → -572.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 123HAPPYNOW AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 211.8k NOK to 265.6k NOK (+25.4% YoY). Calculated
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Operating result improved
Operating result -14.2k NOK → +184.4k NOK (op. margin -6.7% → 69.4%). Calculated
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Turned profitable
Net result flipped from a loss of 14.3k NOK to a profit of 182.3k NOK. Calculated
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Equity strengthened
Book equity -755.2k NOK → -572.9k NOK (equity ratio -1778.9% → -1826.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 42.5k NOK → 31.4k NOK (-26.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1826.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation