Org.nr 822 264 042 2022 → 2023 Year-over-year analysis

47BYGG AS: årsregnskap 2023 vs 2022

Grew 140% on revenue, returned to profit

approved 2024-05-10; registry 2024-05-13; journal 2024 408863

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 47BYGG AS. Revenue 2.84m NOK → 6.83m NOK (+140.4%). Net result -79.5k NOK → +161.2k NOK. Equity 257.8k NOK → 419.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 47BYGG AS.

Scorecard

Revenue
2.84m NOK 6.83m NOK
+140.4%
Operating result
-50 NOK +237.7k NOK
+475488.0%
Net result
-79.5k NOK +161.2k NOK
+302.8%
Equity
257.8k NOK 419.1k NOK
+62.5%
Cash
132.6k NOK 264.6k NOK
+99.5%
Total assets
1.27m NOK 1.51m NOK
+18.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.84m NOK to 6.83m NOK (+140.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -50 NOK → +237.7k NOK (op. margin -0.0% → 3.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 79.5k NOK to a profit of 161.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 257.8k NOK → 419.1k NOK (equity ratio 20.4% → 27.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 132.6k NOK → 264.6k NOK (+99.5% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.21× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.23m NOK → 5.04m NOK (+309.2% YoY). Calculated