Org.nr 928 648 168 2022 → 2023 Year-over-year analysis

56 NORTH HOLDING AS: årsregnskap 2023 vs 2022

Slipped into loss, cash halved-plus

approved 2024-06-22; registry 2024-06-25; journal 2024 544007

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 56 NORTH HOLDING AS. Net result +5 570 NOK → -24.3k NOK. Equity 30.0k NOK → 5 681 NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 56 NORTH HOLDING AS.

At a glance

Operating result

-7 820 NOK -24.3k NOK

-211.0%

Net result

+5 570 NOK -24.3k NOK

-536.6%

Equity

30.0k NOK 5 681 NOK

-81.1%

Cash

32.9k NOK 152 NOK

-99.5%

Total assets

188.2k NOK 169.5k NOK

-9.9%

↓
Operating result weakened

Operating result -7 820 NOK → -24.3k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 5 570 NOK profit to a loss of 24.3k NOK. Calculated
↓
Equity eroded

Book equity 30.0k NOK → 5 681 NOK (equity ratio 15.9% → 3.4%). Calculated
↓
Cash fell

Bank deposits 32.9k NOK → 152 NOK (-99.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 142.0k NOK → 169.4k NOK. Reported fact