24/7 BUDSERVICE AS: årsregnskap 2023 vs 2022
Grew 51% on revenue, slipped into loss
approved 2024-06-30; registry 2024-08-02; journal 2024 699554
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 24/7 BUDSERVICE AS. Revenue 2.64m NOK → 3.99m NOK (+51.0%). Net result +162.3k NOK → -135.2k NOK. Equity -144.6k NOK → -279.7k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 24/7 BUDSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.64m NOK to 3.99m NOK (+51.0% YoY). Calculated
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↑
Cash rose
Bank deposits 161.1k NOK → 420.4k NOK (+160.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.90m NOK → 2 NOK (110% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +302.4k NOK → -153.5k NOK (op. margin 11.4% → -3.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 162.3k NOK profit to a loss of 135.2k NOK. Calculated
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↓
Equity eroded
Book equity -144.6k NOK → -279.7k NOK (equity ratio -13.0% → -15.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -15.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 195.8k NOK → 80.4k NOK (-58.9% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact