1ST ENERGY AS: årsregnskap 2023 vs 2022
Grew 1423058% on revenue, weaker earnings, fresh owner capital
approved 2024-06-26; registry 2024-07-30; journal 2024 687397
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 1ST ENERGY AS. Revenue 2 652 NOK → 37.74m NOK (+1423057.7%). Net result +5.81m NOK → +57.9k NOK. Equity 1.81m NOK → 1.86m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 1ST ENERGY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2 652 NOK to 37.74m NOK (+1423057.7% YoY). Calculated
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Operating result improved
Operating result +1 032 NOK → +11.6k NOK (op. margin 38.9% → 0.0%). Calculated
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Equity strengthened
Book equity 1.81m NOK → 1.86m NOK (equity ratio 20.8% → 9.6%). Calculated
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Cash rose
Bank deposits 9 995 NOK → 2.37m NOK (+23569.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1 NOK → 1.00m NOK (+1000.0k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +5.81m NOK → +57.9k NOK (net margin 218898.0% → 0.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 1 867 NOK → 32.17m NOK (+1722846.3% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 3. Reported fact