1HARMONI AS: årsregnskap 2023 vs 2022
Grew 19% on revenue, weaker earnings, cash halved-plus
registry 2024-05-28; journal 2024 445794
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1HARMONI AS. Revenue 792.1k NOK → 940.0k NOK (+18.7%). Net result +82.4k NOK → +7 929 NOK. Equity 114.9k NOK → 37.9k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 1HARMONI AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 792.1k NOK to 940.0k NOK (+18.7% YoY). Calculated
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Payroll decreased
Salary cost 22.5k NOK → 3 NOK (3% → 0% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result +82.3k NOK → +10.2k NOK (op. margin 10.4% → 1.1%). Calculated
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Net result weakened
Net result +82.4k NOK → +7 929 NOK (net margin 10.4% → 0.8%). Calculated
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Equity eroded
Book equity 114.9k NOK → 37.9k NOK (equity ratio 52.9% → -277.5%). Calculated
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Cash fell
Bank deposits 129.0k NOK → -13.7k NOK (-110.6% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.26× → 0.26× — 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 -277.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 114.9k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 664.1k NOK → 999 NOK (-99.8% YoY). Calculated