Org.nr 920 745 172 2022 → 2023 Year-over-year analysis

33EIENDOM AS: årsregnskap 2023 vs 2022

Grew 225% on revenue, weaker earnings, cash halved-plus

approved 2024-06-19; registry 2024-08-03; journal 2024 622147

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 33EIENDOM AS. Revenue 446.3k NOK → 1.45m NOK (+225.3%). Net result -15.5k NOK → -6.90m NOK. Equity 15.09m NOK → 8.19m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for 33EIENDOM AS.

Scorecard

Revenue
446.3k NOK 1.45m NOK
+225.3%
Operating result
+409.8k NOK +356.7k NOK
-13.0%
Net result
-15.5k NOK -6.90m NOK
-44470.0%
Equity
15.09m NOK 8.19m NOK
-45.7%
Cash
908.6k NOK 26.2k NOK
-97.1%
Total assets
27.53m NOK 23.16m NOK
-15.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 446.3k NOK to 1.45m NOK (+225.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +409.8k NOK → +356.7k NOK (op. margin 91.8% → 24.6%). Calculated

  • ↓

    Net result weakened

    Net result -15.5k NOK → -6.90m NOK (net margin -3.5% → -475.5%). Calculated

  • ↓

    Equity eroded

    Book equity 15.09m NOK → 8.19m NOK (equity ratio 54.8% → 35.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 908.6k NOK → 26.2k NOK (-97.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.83× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 017 NOK → 37.9k NOK (1% → 3% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.20m NOK → 6.70m NOK. Reported fact