Org.nr 920 764 045 2022 → 2023 Year-over-year analysis

55 ASSET MANAGEMENT AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

approved 2024-04-02; registry 2024-04-10; journal 2024 350983

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 55 ASSET MANAGEMENT AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -155.9k NOK → +60.7k NOK. Equity 151.1k NOK → 211.9k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 55 ASSET MANAGEMENT AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-10.8k NOK -18.6k NOK
-71.8%
Net result
-155.9k NOK +60.7k NOK
+139.0%
Equity
151.1k NOK 211.9k NOK
+40.2%
Cash
9 440 NOK 1 062 NOK
-88.8%
Total assets
1.15m NOK 1.41m NOK
+22.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 155.9k NOK to a profit of 60.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 151.1k NOK → 211.9k NOK (equity ratio 13.1% → 15.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.8k NOK → -18.6k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 9 440 NOK → 1 062 NOK (-88.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 454.38× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.14m NOK → 1.41m NOK. Reported fact