Org.nr 927 237 652 2022 → 2023 Year-over-year analysis

24 CENTER AS: årsregnskap 2023 vs 2022

Grew 88% on revenue, stronger earnings, cash halved-plus

approved 2024-03-08; registry 2024-04-02; journal 2024 338407

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 24 CENTER AS. Revenue 16.84m NOK → 31.73m NOK (+88.4%). Net result -4.70m NOK → -3.12m NOK. Equity -5.29m NOK → -1.44m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 24 CENTER AS.

Scorecard

Revenue
16.84m NOK 31.73m NOK
+88.4%
Operating result
-4.63m NOK n/m
—
Net result
-4.70m NOK -3.12m NOK
+33.7%
Equity
-5.29m NOK -1.44m NOK
+72.8%
Cash
255.5k NOK 57.5k NOK
-77.5%
Total assets
719.8k NOK 7.00m NOK
+872.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.84m NOK to 31.73m NOK (+88.4% YoY). Calculated

  • ↑

    Net result improved

    Net result -4.70m NOK → -3.12m NOK (net margin -27.9% → -9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -5.29m NOK → -1.44m NOK (equity ratio -735.3% → -20.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 7.00m NOK (+6.97m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 255.5k NOK → 57.5k NOK (-77.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.10× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 11.57m NOK → 21.78m NOK (+88.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 33.5k NOK → 0 NOK. Reported fact