Org.nr 923 672 885 2022 → 2023 Year-over-year analysis

59 EIENDOM AS: årsregnskap 2023 vs 2022

Grew 222% on revenue, returned to profit, cash halved-plus

approved 2024-08-05; registry 2024-08-19; journal 2024 732357

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 59 EIENDOM AS. Revenue 153.2k NOK → 493.9k NOK (+222.4%). Net result -41.2k NOK → +86.3k NOK. Equity 2 972 NOK → 89.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 59 EIENDOM AS.

Scorecard

Revenue
153.2k NOK 493.9k NOK
+222.4%
Operating result
-38.8k NOK +100.0k NOK
+357.7%
Net result
-41.2k NOK +86.3k NOK
+309.2%
Equity
2 972 NOK 89.2k NOK
+2902.2%
Cash
103.8k NOK 49.9k NOK
-51.9%
Total assets
167.8k NOK 167.4k NOK
-0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 153.2k NOK to 493.9k NOK (+222.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -38.8k NOK → +100.0k NOK (op. margin -25.3% → 20.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 41.2k NOK to a profit of 86.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2 972 NOK → 89.2k NOK (equity ratio 1.8% → 53.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.10m NOK → 2.32m NOK (2024% → 470% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 103.8k NOK → 49.9k NOK (-51.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5 137 NOK → 11.1k NOK (+116.3% YoY). Calculated