4 1/2 ENTERTAINMENT AS: årsregnskap 2023 vs 2022
Shrank 48% on revenue, returned to profit, cash halved-plus
approved 2024-06-20; registry 2024-06-26; journal 2024 548895
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4 1/2 ENTERTAINMENT AS. Revenue 657.6k NOK → 344.9k NOK (-47.6%). Net result -625.6k NOK → +61.7k NOK. Equity 1.04m NOK → 1.10m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4 1/2 ENTERTAINMENT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +32.4k NOK → +119.9k NOK (op. margin 4.9% → 34.8%). Calculated
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Turned profitable
Net result flipped from a loss of 625.6k NOK to a profit of 61.7k NOK. Calculated
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Equity strengthened
Book equity 1.04m NOK → 1.10m NOK (equity ratio 5.5% → 5.7%). Calculated
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Payroll decreased
Salary cost 394.7k NOK → 22.1k NOK (60% → 6% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 657.6k NOK to 344.9k NOK (-47.6% YoY). Calculated
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↓
Cash fell
Bank deposits 29.9k NOK → 4 788 NOK (-84.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 17.18m NOK → 1 NOK. Reported fact