313 EIENDOM AS: årsregnskap 2023 vs 2022
Grew 8% on revenue, weaker earnings, cash halved-plus
approved 2024-02-01; registry 2024-05-25; journal 2024 379673
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 313 EIENDOM AS. Revenue 3.32m NOK → 3.58m NOK (+8.0%). Net result +799.3k NOK → +552.8k NOK. Equity 337.8k NOK → 104.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 313 EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.32m NOK to 3.58m NOK (+8.0% YoY). Calculated
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↑
Operating result improved
Operating result +2.00m NOK → +2.13m NOK (op. margin 60.3% → 59.5%). Calculated
What deteriorated
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↓
Net result weakened
Net result +799.3k NOK → +552.8k NOK (net margin 24.1% → 15.4%). Calculated
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↓
Equity eroded
Book equity 337.8k NOK → 104.3k NOK (equity ratio 1.3% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 136.8k NOK → 46.2k NOK (-66.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation