FirmaIQ
Org.nr 917 872 074 2021 → 2022 Year-over-year analysis

5IVE AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, stronger earnings

registry 2023-08-02; journal 2023 681152

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 5IVE AS. Revenue 23.9k NOK → 0 NOK (-100.0%). Net result -69.6k NOK → -22.8k NOK. Equity -12.6k NOK → -35.4k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5IVE AS.

At a glance

Scorecard

Revenue
23.9k NOK 0 NOK
-100.0%
Operating result
-69.6k NOK -22.8k NOK
+67.2%
Net result
-69.6k NOK -22.8k NOK
+67.2%
Equity
-12.6k NOK -35.4k NOK
-181.0%
Cash
1 064 NOK 1 648 NOK
+54.9%
Total assets
77.1k NOK 54.9k NOK
-28.8%

What improved

  • ↑

    Operating result improved

    Operating result -69.6k NOK → -22.8k NOK. Calculated

  • ↑

    Net result improved

    Net result -69.6k NOK → -22.8k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.9k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -12.6k NOK → -35.4k NOK (equity ratio -16.3% → -64.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -64.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation