5T STYLE AS: årsregnskap 2022 vs 2021
Grew 115185% on revenue, weaker earnings
registry 2023-08-15; journal 2023 708475
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 5T STYLE AS. Revenue 1 265 NOK → 1.46m NOK (+115184.8%). Net result +22.2k NOK → +4 198 NOK. Equity 46.6k NOK → 50.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 5T STYLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 265 NOK to 1.46m NOK (+115184.8% YoY). Calculated
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↑
Equity strengthened
Book equity 46.6k NOK → 50.8k NOK (equity ratio 5.9% → 7.8%). Calculated
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↑
Cash rose
Bank deposits 300.3k NOK → 309.9k NOK (+3.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +28.4k NOK → +5 606 NOK (op. margin 2247.6% → 0.4%). Calculated
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↓
Net result weakened
Net result +22.2k NOK → +4 198 NOK (net margin 1753.1% → 0.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 728 NOK → 2.85m NOK (216% → 195% of revenue). Calculated