5 STAR FOODS AS: årsregnskap 2023 vs 2022
Shrank 107% on revenue, weaker earnings
approved 2024-06-22; registry 2024-07-02; journal 2024 584257
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 5 STAR FOODS AS. Revenue 1.61m NOK → -113.9k NOK (-107.1%). Net result +158.2k NOK → +51.3k NOK. Equity 174.0k NOK → 225.2k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 5 STAR FOODS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 174.0k NOK → 225.2k NOK (equity ratio 1132.6% → 24.2%). Calculated
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↑
Cash rose
Bank deposits 806 NOK → 180.8k NOK (+22332.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.61m NOK to -113.9k NOK (-107.1% YoY). Calculated
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↓
Operating result weakened
Operating result +212.3k NOK → +59.2k NOK (op. margin 13.2% → -52.0%). Calculated
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↓
Net result weakened
Net result +158.2k NOK → +51.3k NOK (net margin 9.8% → -45.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 53.4k NOK → -329.8k NOK (-717.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 611.2k NOK → 616.2k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact