FirmaIQ
Org.nr 926 677 845 2022 → 2023 Year-over-year analysis

5T STYLE AS: årsregnskap 2023 vs 2022

Stronger earnings

registry 2024-07-29; journal 2024 684140

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 5T STYLE AS. Revenue 1.46m NOK → 1.51m NOK (+3.3%). Net result +4 198 NOK → +243.1k NOK. Equity 50.8k NOK → 293.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 5T STYLE AS.

At a glance

Scorecard

Revenue
1.46m NOK 1.51m NOK
+3.3%
Operating result
+5 606 NOK +309.4k NOK
+5419.0%
Net result
+4 198 NOK +243.1k NOK
+5690.3%
Equity
50.8k NOK 293.9k NOK
+478.5%
Cash
309.9k NOK 346.6k NOK
+11.8%
Total assets
649.7k NOK 674.8k NOK
+3.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.46m NOK to 1.51m NOK (+3.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5 606 NOK → +309.4k NOK (op. margin 0.4% → 20.5%). Calculated

  • ↑

    Net result improved

    Net result +4 198 NOK → +243.1k NOK (net margin 0.3% → 16.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 50.8k NOK → 293.9k NOK (equity ratio 7.8% → 43.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 309.9k NOK → 346.6k NOK (+11.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 132.2k NOK → 83.3k NOK (-37.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 54.0k NOK → 0 NOK. Reported fact