Org.nr 921 964 773 2022 → 2023 Year-over-year analysis

1940 HOLDING AS: årsregnskap 2023 vs 2022

Slipped into loss, cash halved-plus

approved 2024-09-06; registry 2024-11-05; journal 2024 755198

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 1940 HOLDING AS. Net result +338.8k NOK → -124.5k NOK. Equity 2.68m NOK → 2.56m NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1940 HOLDING AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-36.2k NOK -32.1k NOK
+11.3%
Net result
+338.8k NOK -124.5k NOK
-136.8%
Equity
2.68m NOK 2.56m NOK
-4.6%
Cash
88.0k NOK 40.9k NOK
-53.5%
Total assets
7.11m NOK 7.14m NOK
+0.4%

What improved

  • ↑

    Operating result improved

    Operating result -36.2k NOK → -32.1k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 338.8k NOK profit to a loss of 124.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.68m NOK → 2.56m NOK (equity ratio 37.7% → 35.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 88.0k NOK → 40.9k NOK (-53.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.18m NOK → 50.6k NOK. Reported fact