Org.nr 926 800 337 2022 → 2023 Year-over-year analysis

19LFS AS: årsregnskap 2023 vs 2022

Slipped into loss

registry 2024-07-02; journal 2024 587701

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 19LFS AS. Revenue 1.58m NOK → 1.54m NOK (-2.5%). Net result +154.0k NOK → -128.3k NOK. Equity 30.1k NOK → -98.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 19LFS AS.

Scorecard

Revenue
1.58m NOK 1.54m NOK
-2.5%
Operating result
+224.6k NOK -161.5k NOK
-171.9%
Net result
+154.0k NOK -128.3k NOK
-183.3%
Equity
30.1k NOK -98.2k NOK
-426.0%
Cash
216.4k NOK 201.5k NOK
-6.9%
Total assets
460.2k NOK 310.3k NOK
-32.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.58m NOK to 1.54m NOK (-2.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +224.6k NOK → -161.5k NOK (op. margin 14.2% → -10.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 154.0k NOK profit to a loss of 128.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 30.1k NOK → -98.2k NOK (equity ratio 6.5% → -31.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 216.4k NOK → 201.5k NOK (-6.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -31.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation