Org.nr 991 960 740 2021 → 2022 Year-over-year analysis

58PLUS AS: årsregnskap 2022 vs 2021

Slipped into loss, cash halved-plus

approved 2023-05-31; registry 2023-06-05; journal 2023 464221

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 58PLUS AS. Net result +1.52m NOK → -309.2k NOK. Equity 10.55m NOK → 10.24m NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 58PLUS AS.

At a glance

Operating result

-30.9k NOK -29.0k NOK

+6.5%

Net result

+1.52m NOK -309.2k NOK

-120.4%

Equity

10.55m NOK 10.24m NOK

-2.9%

Cash

866.8k NOK 223.1k NOK

-74.3%

Total assets

10.98m NOK 10.66m NOK

-3.0%

↑
Operating result improved

Operating result -30.9k NOK → -29.0k NOK. Calculated

↓
Fell into a net loss

Net result flipped from 1.52m NOK profit to a loss of 309.2k NOK. Calculated
↓
Equity eroded

Book equity 10.55m NOK → 10.24m NOK (equity ratio 96.1% → 96.1%). Calculated
↓
Cash fell

Bank deposits 866.8k NOK → 223.1k NOK (-74.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 4.75m NOK → 5.19m NOK. Reported fact