Org.nr 927 444 011 2021 → 2022 Year-over-year analysis

247VENTURES AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2023-03-30; registry 2023-05-02; journal 2023 375553

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 247VENTURES AS. Net result +2.31m NOK → -3.28m NOK. Equity 575.0k NOK → -2.71m NOK.

Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.

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

Scorecard

Operating result
n/m -64.7k NOK
—
Net result
+2.31m NOK -3.28m NOK
-242.5%
Equity
575.0k NOK -2.71m NOK
-571.3%
Cash
472 NOK 529 NOK
+12.1%
Total assets
579.7k NOK 613.0k NOK
+5.8%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 2.31m NOK profit to a loss of 3.28m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 575.0k NOK → -2.71m NOK (equity ratio 99.2% → -442.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 55.20× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -442.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 15.1k NOK → 3 978 NOK. Reported fact