360WORLD AS: årsregnskap 2023 vs 2022
Cash halved-plus
approved 2024-06-30; registry 2024-08-01; journal 2024 690699
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 360WORLD AS. Net result -5 930 NOK → -5 752 NOK. Equity -156.7k NOK → -162.4k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 360WORLD AS.
At a glance
Scorecard
Operating result
-5 930 NOK
-5 752 NOK
+3.0%
Net result
-5 930 NOK
-5 752 NOK
+3.0%
Equity
-156.7k NOK
-162.4k NOK
-3.7%
Cash
6 746 NOK
994 NOK
-85.3%
Total assets
6 746 NOK
994 NOK
-85.3%
What improved
-
↑
Operating result improved
Operating result -5 930 NOK → -5 752 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -156.7k NOK → -162.4k NOK (equity ratio -2322.5% → -16340.6%). Calculated
-
↓
Cash fell
Bank deposits 6 746 NOK → 994 NOK (-85.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -16340.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation