1859 HOLDING AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, cash halved-plus
approved 2024-05-15; registry 2024-05-28; journal 2024 448823
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1859 HOLDING AS. Revenue 292.0k NOK → 0 NOK (-100.0%). Net result -10.2k NOK → -13.3k NOK. Equity 59.9k NOK → 46.6k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 1859 HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 292.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -10.2k NOK → -13.4k NOK. Calculated
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↓
Net result weakened
Net result -10.2k NOK → -13.3k NOK. Calculated
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↓
Equity eroded
Book equity 59.9k NOK → 46.6k NOK (equity ratio 1.8% → 1.4%). Calculated
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↓
Cash fell
Bank deposits 17.0k NOK → 3 713 NOK (-78.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.36m NOK → 3.39m NOK. Reported fact