24/7 EKSPRESS AS: årsregnskap 2023 vs 2022
Shrank 12% on revenue, slipped into loss
approved 2024-06-28; registry 2024-07-06; journal 2024 587469
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 24/7 EKSPRESS AS. Revenue 25.75m NOK → 22.70m NOK (-11.8%). Net result +991.9k NOK → -1.19m NOK. Equity 4.35m NOK → 3.15m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.19m NOK → 2.64m NOK (12% → 12% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 25.75m NOK to 22.70m NOK (-11.8% YoY). Calculated
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↓
Operating result weakened
Operating result +226.8k NOK → -1.19m NOK (op. margin 0.9% → -5.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 991.9k NOK profit to a loss of 1.19m NOK. Calculated
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↓
Equity eroded
Book equity 4.35m NOK → 3.15m NOK (equity ratio 55.1% → 52.3%). Calculated
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↓
Cash fell
Bank deposits 4.44m NOK → 3.27m NOK (-26.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 17.58m NOK → 17.55m NOK (-0.2% YoY). Calculated