50/50 MUSIC PUBLISHING AS: årsregnskap 2023 vs 2022
Grew 33% on revenue, weaker earnings
approved 2024-07-09; registry 2024-08-02; journal 2024 701610
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 50/50 MUSIC PUBLISHING AS. Revenue 572.7k NOK → 763.8k NOK (+33.4%). Net result +168.6k NOK → +134.8k NOK. Equity 383.5k NOK → 518.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 50/50 MUSIC PUBLISHING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 572.7k NOK to 763.8k NOK (+33.4% YoY). Calculated
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↑
Equity strengthened
Book equity 383.5k NOK → 518.3k NOK (equity ratio 40.6% → 52.7%). Calculated
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↑
Cash rose
Bank deposits 795.3k NOK → 817.0k NOK (+2.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +219.3k NOK → +176.1k NOK (op. margin 38.3% → 23.1%). Calculated
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↓
Net result weakened
Net result +168.6k NOK → +134.8k NOK (net margin 29.4% → 17.7%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 0 NOK → 185.0k NOK (None YoY). Calculated