4K BIL AS: årsregnskap 2023 vs 2022
Grew 12% on revenue, stronger earnings, cash halved-plus
approved 2024-06-28; registry 2024-08-02; journal 2024 702277
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4K BIL AS. Revenue 4.45m NOK → 5.00m NOK (+12.4%). Net result +33.4k NOK → +125.8k NOK. Equity 172.3k NOK → 298.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for 4K BIL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.45m NOK to 5.00m NOK (+12.4% YoY). Calculated
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Operating result improved
Operating result +43.1k NOK → +161.4k NOK (op. margin 1.0% → 3.2%). Calculated
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Net result improved
Net result +33.4k NOK → +125.8k NOK (net margin 0.8% → 2.5%). Calculated
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Equity strengthened
Book equity 172.3k NOK → 298.1k NOK (equity ratio 19.1% → 29.9%). Calculated
What deteriorated
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Cash fell
Bank deposits 3.24m NOK → 158.0k NOK (-95.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (3.24m NOK → 158.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 400.7k NOK → 540.8k NOK (9% → 11% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.43m NOK → 3.59m NOK (+4.9% YoY). Calculated