Org.nr 917 036 446 2022 → 2023 Year-over-year analysis

28TH PROPERTIES AS: årsregnskap 2023 vs 2022

Weaker earnings, fresh owner capital

approved 2024-09-09; registry 2024-09-14; journal 2024 746094

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 28TH PROPERTIES AS. Revenue 865.0k NOK → 892.3k NOK (+3.2%). Net result -155.2k NOK → -610.5k NOK.

On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 28TH PROPERTIES AS.

Scorecard

Revenue
865.0k NOK 892.3k NOK
+3.2%
Operating result
-75.6k NOK -50.4k NOK
+33.3%
Net result
-155.2k NOK -610.5k NOK
-293.3%
Cash
40.1k NOK 24.8k NOK
-38.1%
Total assets
16.83m NOK 16.00m NOK
-4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 865.0k NOK to 892.3k NOK (+3.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -75.6k NOK → -50.4k NOK (op. margin -8.7% → -5.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 108.0k NOK (+78.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 1.60m NOK → 489.7k NOK (185% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -155.2k NOK → -610.5k NOK (net margin -17.9% → -68.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 40.1k NOK → 24.8k NOK (-38.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 103.9k NOK → 245.5k NOK (+136.4% YoY). Calculated