Org.nr 925 005 630 2022 → 2023 Year-over-year analysis

21ST VENTURE AS: årsregnskap 2023 vs 2022

Grew 99900% on revenue, slipped into loss

approved 2024-05-28; registry 2024-06-03; journal 2024 477981

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 21ST VENTURE AS. Revenue 200 NOK → 200.0k NOK (+99900.0%). Net result +3.15m NOK → -308.5k NOK. Equity 257.1k NOK → 8 NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 21ST VENTURE AS.

Scorecard

Revenue
200 NOK 200.0k NOK
+99900.0%
Operating result
+178.0k NOK -39.6k NOK
-122.2%
Net result
+3.15m NOK -308.5k NOK
-109.8%
Equity
257.1k NOK 8 NOK
-100.0%
Cash
4 890 NOK 77.6k NOK
+1486.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 200 NOK to 200.0k NOK (+99900.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 4 890 NOK → 77.6k NOK (+1486.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +178.0k NOK → -39.6k NOK (op. margin 88995.0% → -19.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.15m NOK profit to a loss of 308.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 257.1k NOK → 8 NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.60m NOK → 1.54m NOK. Reported fact