Org.nr 925 362 662 2022 → 2023 Year-over-year analysis

5080 NYHETSKANALEN AS: årsregnskap 2023 vs 2022

Shrank 71% on revenue, stronger earnings

approved 2024-05-22; registry 2024-05-29; journal 2024 453043

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 5080 NYHETSKANALEN AS. Revenue 762.5k NOK → 220.9k NOK (-71.0%). Net result -124.94m NOK → -64.0k NOK. Equity 21.1k NOK → -42.9k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5080 NYHETSKANALEN AS.

Scorecard

Revenue
762.5k NOK 220.9k NOK
-71.0%
Operating result
-124.8k NOK -64.0k NOK
+48.7%
Net result
-124.94m NOK -64.0k NOK
+99.9%
Equity
21.1k NOK -42.9k NOK
-303.3%
Cash
23.4k NOK 130.2k NOK
+456.7%
Total assets
148.6k NOK 147.6k NOK
-0.7%

What improved

  • ↑

    Operating result improved

    Operating result -124.8k NOK → -64.0k NOK (op. margin -16.4% → -29.0%). Calculated

  • ↑

    Net result improved

    Net result -124.94m NOK → -64.0k NOK (net margin -16386.3% → -29.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 23.4k NOK → 130.2k NOK (+456.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.77m NOK → 1.06m NOK (233% → 482% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 762.5k NOK to 220.9k NOK (-71.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 21.1k NOK → -42.9k NOK (equity ratio 14.2% → -29.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.17× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 7 738 NOK → 65.2k NOK (+742.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -29.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation