28TH PROPERTIES AS: årsregnskap 2022 vs 2021
Grew 26% on revenue, slipped into loss
approved 2023-08-29; registry 2023-09-05; journal 2023 723664
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 28TH PROPERTIES AS. Revenue 687.8k NOK → 865.0k NOK (+25.8%). Net result +3.00m NOK → -155.2k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 28TH PROPERTIES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 687.8k NOK to 865.0k NOK (+25.8% YoY). Calculated
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↑
Operating result improved
Operating result -860.5k NOK → -75.6k NOK (op. margin -125.1% → -8.7%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 3.00m NOK profit to a loss of 155.2k NOK. Calculated
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↓
Cash fell
Bank deposits 54.8k NOK → 40.1k NOK (-26.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.15m NOK → 1.60m NOK (168% → 185% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 144.7k NOK → 103.9k NOK (-28.2% YoY). Calculated