Org.nr 916 657 986 2022 → 2023 Year-over-year analysis

5 STAR HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-20; registry 2024-06-26; journal 2024 547710

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 5 STAR HOLDING AS. Revenue 0 NOK → 338.0k NOK. Net result -20 NOK → -102.0k NOK. Equity 22.5k NOK → -79.6k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 5 STAR HOLDING AS.

Scorecard

Revenue
0 NOK 338.0k NOK
—
Operating result
-20 NOK +65.8k NOK
+329240.0%
Net result
-20 NOK -102.0k NOK
-510140.0%
Equity
22.5k NOK -79.6k NOK
-454.4%
Cash
2 457 NOK 667.1k NOK
+27051.4%
Total assets
22.5k NOK 6.24m NOK
+27665.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 338.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -20 NOK → +65.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 2 457 NOK → 667.1k NOK (+27051.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -20 NOK → -102.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 22.5k NOK → -79.6k NOK (equity ratio 100.0% → -1.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 60.0k NOK (None YoY). Calculated