Org.nr 927 207 052 2022 → 2023 Year-over-year analysis

247 INVESTS AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2024-05-27; registry 2024-06-01; journal 2024 467062

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 247 INVESTS AS. Revenue 34.4k NOK → 0 NOK (-100.0%). Net result +30.1k NOK → -118.0k NOK. Equity 54.5k NOK → -63.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 247 INVESTS AS.

Scorecard

Revenue
34.4k NOK 0 NOK
-100.0%
Operating result
+17.4k NOK -3 764 NOK
-121.7%
Net result
+30.1k NOK -118.0k NOK
-492.2%
Equity
54.5k NOK -63.5k NOK
-216.4%
Cash
22.8k NOK 3 198 NOK
-86.0%
Total assets
176.8k NOK 126.2k NOK
-28.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 34.4k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +17.4k NOK → -3 764 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 30.1k NOK profit to a loss of 118.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 54.5k NOK → -63.5k NOK (equity ratio 30.8% → -50.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.8k NOK → 3 198 NOK (-86.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -50.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 119.6k NOK → 22 NOK. Reported fact