Org.nr 927 964 589 2022 → 2023 Year-over-year analysis

365ECOM AS: årsregnskap 2023 vs 2022

Stronger earnings, cash halved-plus

approved 2024-04-09; registry 2024-04-17; journal 2024 353443

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 365ECOM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1.21m NOK → +2.85m NOK. Equity 1.23m NOK → 179.8k NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 365ECOM AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-17.4k NOK -150.2k NOK
-762.9%
Net result
+1.21m NOK +2.85m NOK
+135.4%
Equity
1.23m NOK 179.8k NOK
-85.4%
Cash
29.9k NOK 7 829 NOK
-73.8%
Total assets
1.32m NOK 3.10m NOK
+134.9%

What improved

  • ↑

    Net result improved

    Net result +1.21m NOK → +2.85m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -17.4k NOK → -150.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.23m NOK → 179.8k NOK (equity ratio 93.3% → 5.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.9k NOK → 7 829 NOK (-73.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation