5 BAR AS: årsregnskap 2023 vs 2022
Returned to profit, cash halved-plus
registry 2024-06-20; journal 2024 522912
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 5 BAR AS. Net result -16.2k NOK → +729.3k NOK. Equity -52.6k NOK → -73.3k NOK.
On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5 BAR AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 16.2k NOK to a profit of 729.3k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -15.7k NOK → -18.7k NOK. Calculated
-
↓
Equity eroded
Book equity -52.6k NOK → -73.3k NOK (equity ratio -30.7% → -45.0%). Calculated
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↓
Cash fell
Bank deposits 8 385 NOK → 802 NOK (-90.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -45.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation