24-SJU AS: årsregnskap 2023 vs 2022
Shrank 27% on revenue, weaker earnings, cash halved-plus
registry 2024-07-29; journal 2024 683222
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 24-SJU AS. Revenue 1.33m NOK → 967.1k NOK (-27.4%). Net result -219.8k NOK → -406.7k NOK. Equity -214.0k NOK → -620.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 24-SJU AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.33m NOK to 967.1k NOK (-27.4% YoY). Calculated
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↓
Operating result weakened
Operating result -207.9k NOK → -398.9k NOK (op. margin -15.6% → -41.2%). Calculated
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↓
Net result weakened
Net result -219.8k NOK → -406.7k NOK (net margin -16.5% → -42.1%). Calculated
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↓
Equity eroded
Book equity -214.0k NOK → -620.8k NOK (equity ratio -45.1% → -1494.3%). Calculated
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↓
Cash fell
Bank deposits 154.2k NOK → 39.2k NOK (-74.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1494.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.30m NOK → 771.8k NOK (-40.5% YoY). Calculated