1LIFEAPP AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
approved 2024-06-14; registry 2024-06-17; journal 2024 515628
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1LIFEAPP AS. Revenue 0 NOK → 65.2k NOK. Net result -9 937 NOK → -190.2k NOK. Equity 130.7k NOK → -59.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1LIFEAPP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 65.2k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.9k NOK → -191.6k NOK. Calculated
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↓
Net result weakened
Net result -9 937 NOK → -190.2k NOK. Calculated
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↓
Equity eroded
Book equity 130.7k NOK → -59.4k NOK (equity ratio 100.0% → -462.3%). Calculated
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↓
Cash fell
Bank deposits 130.7k NOK → 10.9k NOK (-91.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -462.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation