4U & ME AS: årsregnskap 2023 vs 2022
Grew 27% on revenue, stronger earnings
approved 2024-04-22; registry 2024-04-24; journal 2024 373216
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4U & ME AS. Revenue 249.6k NOK → 316.8k NOK (+26.9%). Net result -394.3k NOK → -45.8k NOK. Equity 33.2k NOK → -12.6k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 4U & ME AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 249.6k NOK to 316.8k NOK (+26.9% YoY). Calculated
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↑
Net result improved
Net result -394.3k NOK → -45.8k NOK (net margin -158.0% → -14.5%). Calculated
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↑
Cash rose
Bank deposits 4 079 NOK → 6 961 NOK (+70.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1 806 NOK → -56.3k NOK (op. margin 0.7% → -17.8%). Calculated
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↓
Equity eroded
Book equity 33.2k NOK → -12.6k NOK (equity ratio 291.1% → -50.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -50.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 197.1k NOK → 315.1k NOK (79% → 99% of revenue). Calculated