1820 SKIN CLINIC AS: årsregnskap 2023 vs 2022
Grew 12% on revenue, cash halved-plus
registry 2024-04-06; journal 2024 346478
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1820 SKIN CLINIC AS. Revenue 711.7k NOK → 794.8k NOK (+11.7%). Net result -123.2k NOK → -118.3k NOK. Equity -98.8k NOK → -217.1k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 1820 SKIN CLINIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 711.7k NOK to 794.8k NOK (+11.7% YoY). Calculated
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↑
Operating result improved
Operating result -119.9k NOK → -98.3k NOK (op. margin -16.9% → -12.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -98.8k NOK → -217.1k NOK (equity ratio -24.0% → -69.1%). Calculated
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↓
Cash fell
Bank deposits 261.0k NOK → 84.2k NOK (-67.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.18× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -69.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1 495 NOK → 797.4k NOK (0% → 100% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 282.4k NOK → 571.5k NOK (+102.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact