Org.nr 996 953 076 2022 → 2023 Year-over-year analysis

1896 INVEST AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

approved 2024-01-22; registry 2024-07-01; journal 2024 579524

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 1896 INVEST AS. Net result -798.1k NOK → +82.2k NOK. Equity 8.12m NOK → 9.21m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 1896 INVEST AS.

Scorecard

Operating result
-810 NOK +805 NOK
+199.4%
Net result
-798.1k NOK +82.2k NOK
+110.3%
Equity
8.12m NOK 9.21m NOK
+13.3%
Cash
1.42m NOK 552.5k NOK
-61.0%
Total assets
8.12m NOK 9.21m NOK
+13.3%

What improved

  • ↑

    Operating result improved

    Operating result -810 NOK → +805 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 798.1k NOK to a profit of 82.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.12m NOK → 9.21m NOK (equity ratio 100.0% → 100.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.42m NOK → 552.5k NOK (-61.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.42m NOK → 552.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation