Org.nr 977 674 476 2022 → 2023 Year-over-year analysis

5895 INVEST AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2024-06-17; registry 2024-06-25; journal 2024 540459

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 5895 INVEST AS. Revenue 8 910 NOK → 0 NOK (-100.0%). Net result -538.2k NOK → -377.5k NOK. Equity 1.49m NOK → 1.12m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5895 INVEST AS.

Scorecard

Revenue
8 910 NOK 0 NOK
-100.0%
Operating result
-46.6k NOK -27.1k NOK
+41.8%
Net result
-538.2k NOK -377.5k NOK
+29.9%
Equity
1.49m NOK 1.12m NOK
-25.3%
Cash
19.3k NOK 8 747 NOK
-54.7%
Total assets
1.68m NOK 1.20m NOK
-28.4%

What improved

  • ↑

    Operating result improved

    Operating result -46.6k NOK → -27.1k NOK. Calculated

  • ↑

    Net result improved

    Net result -538.2k NOK → -377.5k NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.37× → 1.55×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8 910 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.49m NOK → 1.12m NOK (equity ratio 89.0% → 92.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.3k NOK → 8 747 NOK (-54.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 523.3k NOK → 2 523 NOK. Reported fact