24 CENTER AS: årsregnskap 2022 vs 2021
Grew 4378% on revenue, weaker earnings
approved 2023-06-12; registry 2023-07-10; journal 2023 598966
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 24 CENTER AS. Revenue 376.0k NOK → 16.84m NOK (+4377.9%). Net result -623.4k NOK → -4.70m NOK. Equity -593.4k NOK → -5.29m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 24 CENTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 376.0k NOK to 16.84m NOK (+4377.9% YoY). Calculated
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↑
Cash rose
Bank deposits 233.2k NOK → 255.5k NOK (+9.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.43× → 1.10×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -623.4k NOK → -4.63m NOK (op. margin -165.8% → -27.5%). Calculated
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↓
Net result weakened
Net result -623.4k NOK → -4.70m NOK (net margin -165.8% → -27.9%). Calculated
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↓
Equity eroded
Book equity -593.4k NOK → -5.29m NOK (equity ratio -143.4% → -735.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -735.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 232.2k NOK → 11.57m NOK (+4881.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 6. Reported fact