Org.nr 911 641 534 2022 → 2023 Year-over-year analysis

5 STAR AS: årsregnskap 2023 vs 2022

Grew 34% on revenue, stronger earnings

approved 2024-07-14; registry 2024-07-27; journal 2024 679770

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 5 STAR AS. Revenue 339.3k NOK → 453.4k NOK (+33.6%). Net result +25.1k NOK → +59.0k NOK. Equity -225.2k NOK → -166.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 5 STAR AS.

Scorecard

Revenue
339.3k NOK 453.4k NOK
+33.6%
Operating result
+25.1k NOK +59.0k NOK
+135.3%
Net result
+25.1k NOK +59.0k NOK
+135.3%
Equity
-225.2k NOK -166.2k NOK
+26.2%
Cash
126.1k NOK 66.1k NOK
-47.6%
Total assets
1.19m NOK 923.6k NOK
-22.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 339.3k NOK to 453.4k NOK (+33.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +25.1k NOK → +59.0k NOK (op. margin 7.4% → 13.0%). Calculated

  • ↑

    Net result improved

    Net result +25.1k NOK → +59.0k NOK (net margin 7.4% → 13.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -225.2k NOK → -166.2k NOK (equity ratio -18.9% → -18.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 126.1k NOK → 66.1k NOK (-47.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 150.0k NOK → 284 NOK (-99.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact