Org.nr 924 673 273 2022 → 2023 Year-over-year analysis

22B MESTRING AS: årsregnskap 2023 vs 2022

Shrank 53% on revenue, weaker earnings, cash halved-plus

approved 2024-07-31; registry 2024-08-03; journal 2024 712178

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 22B MESTRING AS. Revenue 518.9k NOK → 243.5k NOK (-53.1%). Net result +373.6k NOK → +136.4k NOK. Equity -137.8k NOK → -1 441 NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 22B MESTRING AS.

Scorecard

Revenue
518.9k NOK 243.5k NOK
-53.1%
Operating result
+412.4k NOK +126.8k NOK
-69.3%
Net result
+373.6k NOK +136.4k NOK
-63.5%
Equity
-137.8k NOK -1 441 NOK
+99.0%
Cash
157.9k NOK 15.8k NOK
-90.0%
Total assets
198.8k NOK 107.2k NOK
-46.1%

What improved

  • ↑

    Equity strengthened

    Book equity -137.8k NOK → -1 441 NOK (equity ratio -69.3% → -1.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 54.2k NOK → 0 NOK (10% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 518.9k NOK to 243.5k NOK (-53.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +412.4k NOK → +126.8k NOK (op. margin 79.5% → 52.1%). Calculated

  • ↓

    Net result weakened

    Net result +373.6k NOK → +136.4k NOK (net margin 72.0% → 56.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 157.9k NOK → 15.8k NOK (-90.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 40.6k NOK → 22.7k NOK (-44.1% YoY). Calculated