62 NORD AS: årsregnskap 2023 vs 2022
Grew 32% on revenue, stronger earnings
approved 2024-07-08; registry 2024-07-15; journal 2024 627481
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 62 NORD AS. Revenue 50.04m NOK → 66.13m NOK (+32.2%). Net result -9.31m NOK → -5.52m NOK. Equity 26.76m NOK → 19.97m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 62 NORD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 50.04m NOK to 66.13m NOK (+32.2% YoY). Calculated
-
↑
Operating result improved
Operating result -11.38m NOK → -6.30m NOK (op. margin -22.8% → -9.5%). Calculated
-
↑
Net result improved
Net result -9.31m NOK → -5.52m NOK (net margin -18.6% → -8.3%). Calculated
-
↑
Cash rose
Bank deposits 786.2k NOK → 1.13m NOK (+43.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 26.76m NOK → 19.97m NOK (equity ratio 55.5% → 43.3%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.51× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 26.76m NOK → 25.03m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 18.34m NOK → 25.88m NOK (37% → 39% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 19.49m NOK → 20.72m NOK (+6.3% YoY). Calculated