Org.nr 919 985 747 2022 → 2023 Year-over-year analysis

6C ST AS: årsregnskap 2023 vs 2022

Grew 13% on revenue, stronger earnings

registry 2024-07-08; journal 2024 615301

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 6C ST AS. Revenue 2.23m NOK → 2.52m NOK (+13.0%). Net result -1.04m NOK → -458.7k NOK. Equity 782.9k NOK → 324.2k 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: cogs fell; book investments changed. All figures are taken from the published annual accounts for 6C ST AS.

Scorecard

Revenue
2.23m NOK 2.52m NOK
+13.0%
Operating result
-1.11m NOK -215.1k NOK
+80.6%
Net result
-1.04m NOK -458.7k NOK
+56.0%
Equity
782.9k NOK 324.2k NOK
-58.6%
Cash
174.7k NOK 188.4k NOK
+7.9%
Total assets
1.22m NOK 930.4k NOK
-23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.23m NOK to 2.52m NOK (+13.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.11m NOK → -215.1k NOK (op. margin -49.8% → -8.5%). Calculated

  • ↑

    Net result improved

    Net result -1.04m NOK → -458.7k NOK (net margin -46.7% → -18.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 174.7k NOK → 188.4k NOK (+7.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.87m NOK → 1.39m NOK (84% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 782.9k NOK → 324.2k NOK (equity ratio 64.1% → 34.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.32× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 799.2k NOK → 183.6k NOK (-77.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 51.9k NOK → 99.2k NOK. Reported fact