25.TIME AS: årsregnskap 2023 vs 2022
Shrank 99% on revenue, slipped into loss, cash halved-plus
approved 2024-06-28; registry 2024-07-01; journal 2024 580330
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 25.TIME AS. Revenue 264.6k NOK → 2 812 NOK (-98.9%). Net result +66.7k NOK → -86.8k NOK. Equity 101.8k NOK → 15.0k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 25.TIME AS.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 24.4k NOK → 34.7k NOK (+10.3k NOK). Reported fact
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Payroll decreased
Salary cost 6 750 NOK → 0 NOK (3% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 264.6k NOK to 2 812 NOK (-98.9% YoY). Calculated
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↓
Operating result weakened
Operating result +88.2k NOK → -86.4k NOK (op. margin 33.3% → -3072.9%). Calculated
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Fell into a net loss
Net result flipped from 66.7k NOK profit to a loss of 86.8k NOK. Calculated
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Equity eroded
Book equity 101.8k NOK → 15.0k NOK (equity ratio 79.3% → 65.4%). Calculated
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↓
Cash fell
Bank deposits 113.2k NOK → 10.9k NOK (-90.3% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 0 → 0.5. Reported fact