FirmaIQ
Org.nr 925 984 760 2022 → 2023 Year-over-year analysis

40 GRADER AS: årsregnskap 2023 vs 2022

Grew 16% on revenue, weaker earnings

approved 2024-04-13; registry 2024-04-17; journal 2024 359948

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 40 GRADER AS. Revenue 145.7k NOK → 169.3k NOK (+16.2%). Net result -2 019 NOK → -17.8k NOK. Equity 2.81m NOK → 2.79m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
145.7k NOK 169.3k NOK
+16.2%
Operating result
+54.8k NOK -4 694 NOK
-108.6%
Net result
-2 019 NOK -17.8k NOK
-783.2%
Equity
2.81m NOK 2.79m NOK
-0.6%
Cash
95.5k NOK 69.3k NOK
-27.4%
Total assets
4.31m NOK 4.29m NOK
-0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 145.7k NOK to 169.3k NOK (+16.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +54.8k NOK → -4 694 NOK (op. margin 37.6% → -2.8%). Calculated

  • ↓

    Net result weakened

    Net result -2 019 NOK → -17.8k NOK (net margin -1.4% → -10.5%). Calculated

  • ↓

    Equity eroded

    Book equity 2.81m NOK → 2.79m NOK (equity ratio 65.0% → 65.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 95.5k NOK → 69.3k NOK (-27.4% YoY). Calculated