Org.nr 929 369 661 2022 → 2023 Year-over-year analysis

1814SALMON AS: årsregnskap 2023 vs 2022

Grew 883% on revenue, weaker earnings, fresh owner capital

approved 2024-06-03; registry 2024-06-06; journal 2024 489233

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 1814SALMON AS. Revenue 801 NOK → 7 873 NOK (+882.9%). Net result -3 574 NOK → -26.10m NOK. Equity 11.46m NOK → 3.35m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 1814SALMON AS.

Scorecard

Revenue
801 NOK 7 873 NOK
+882.9%
Operating result
-4 585 NOK -32.69m NOK
-712801.8%
Net result
-3 574 NOK -26.10m NOK
-730239.8%
Equity
11.46m NOK 3.35m NOK
-70.7%
Cash
172.1k NOK 482.1k NOK
+180.2%
Total assets
15.73m NOK 50.01m NOK
+217.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 801 NOK to 7 873 NOK (+882.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 172.1k NOK → 482.1k NOK (+180.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 15.0k NOK → 30.03m NOK (+30.02m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 585 NOK → -32.69m NOK (op. margin -572.4% → -415172.7%). Calculated

  • ↓

    Net result weakened

    Net result -3 574 NOK → -26.10m NOK (net margin -446.2% → -331542.6%). Calculated

  • ↓

    Equity eroded

    Book equity 11.46m NOK → 3.35m NOK (equity ratio 72.8% → 6.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 323.95× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 428 NOK → 10.79m NOK (178% → 137031% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 22. Reported fact