Org.nr 918 572 805 2022 → 2023 Year-over-year analysis

70-30 HOLDING AS: årsregnskap 2023 vs 2022

Grew 764% on revenue, weaker earnings

approved 2025-03-03; registry 2025-03-05; journal 2025 323683

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 70-30 HOLDING AS. Revenue 585.8k NOK → 5.06m NOK (+764.1%). Net result +4.02m NOK → +1.84m NOK. Equity 5.56m NOK → 6.76m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 70-30 HOLDING AS.

Scorecard

Revenue
585.8k NOK 5.06m NOK
+764.1%
Operating result
+451.4k NOK +2.27m NOK
+403.5%
Net result
+4.02m NOK +1.84m NOK
-54.1%
Equity
5.56m NOK 6.76m NOK
+21.5%
Cash
212.4k NOK 666.2k NOK
+213.7%
Total assets
15.19m NOK 11.22m NOK
-26.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 585.8k NOK to 5.06m NOK (+764.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +451.4k NOK → +2.27m NOK (op. margin 77.1% → 44.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.56m NOK → 6.76m NOK (equity ratio 36.6% → 60.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 212.4k NOK → 666.2k NOK (+213.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +4.02m NOK → +1.84m NOK (net margin 686.2% → 36.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.45m NOK (0% → 48% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 16 NOK → 573.5k NOK (+3584200.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.25 → 1.5. Reported fact