Org.nr 884 251 052 2022 → 2023 Year-over-year analysis

5 X H MOTE NATIONAL AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-06-20; registry 2024-07-03; journal 2024 564714

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 5 X H MOTE NATIONAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +582.7k NOK → -166.8k NOK. Equity 1.32m NOK → 1.15m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5 X H MOTE NATIONAL AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-39.7k NOK -130.3k NOK
-228.3%
Net result
+582.7k NOK -166.8k NOK
-128.6%
Equity
1.32m NOK 1.15m NOK
-12.6%
Cash
4 864 NOK 3 139 NOK
-35.5%
Total assets
1.92m NOK 1.76m NOK
-8.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -39.7k NOK → -130.3k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 582.7k NOK profit to a loss of 166.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.32m NOK → 1.15m NOK (equity ratio 68.8% → 65.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 864 NOK → 3 139 NOK (-35.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.32m NOK → 1.75m NOK. Reported fact