444 ENT AS: årsregnskap 2023 vs 2022
Shrank 45% on revenue, weaker earnings
approved 2024-06-28; registry 2024-07-01; journal 2024 574967
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 444 ENT AS. Revenue 259.6k NOK → 142.5k NOK (-45.1%). Net result -26.3k NOK → -42.4k NOK. Equity 7 966 NOK → -34.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 444 ENT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.20m NOK → 3 NOK (1231% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 259.6k NOK to 142.5k NOK (-45.1% YoY). Calculated
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↓
Operating result weakened
Operating result -26.3k NOK → -34.9k NOK (op. margin -10.1% → -24.5%). Calculated
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↓
Net result weakened
Net result -26.3k NOK → -42.4k NOK (net margin -10.1% → -29.8%). Calculated
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↓
Equity eroded
Book equity 7 966 NOK → -34.4k NOK (equity ratio 28.8% → -410.2%). Calculated
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↓
Cash fell
Bank deposits -21.6k NOK → -78.3k NOK (-262.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -410.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation