1750 INVEST AS: årsregnskap 2023 vs 2022
Shrank 48% on revenue, returned to profit, cash halved-plus
approved 2024-04-30; registry 2024-05-29; journal 2024 392612
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1750 INVEST AS. Revenue 49.2k NOK → 25.5k NOK (-48.2%). Net result -3.96m NOK → +7.24m NOK. Equity 25.61m NOK → 32.85m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 1750 INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -49.2k NOK → -25.5k NOK (op. margin -100.0% → -100.0%). Calculated
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Turned profitable
Net result flipped from a loss of 3.96m NOK to a profit of 7.24m NOK. Calculated
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↑
Equity strengthened
Book equity 25.61m NOK → 32.85m NOK (equity ratio 73.5% → 77.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 49.2k NOK to 25.5k NOK (-48.2% YoY). Calculated
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↓
Cash fell
Bank deposits 2.85m NOK → 2 773 NOK (-99.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.85m NOK → 2 773 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 4 464 NOK → 325 NOK. Reported fact