705 SENTERET AS: årsregnskap 2023 vs 2022
Grew 8% on revenue, slipped into loss, cash halved-plus
approved 2024-06-28; registry 2024-08-01; journal 2024 690665
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 705 SENTERET AS. Revenue 556.2k NOK → 599.3k NOK (+7.8%). Net result +29.8k NOK → -33.6k NOK. Equity -452.3k NOK → -485.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 705 SENTERET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 556.2k NOK to 599.3k NOK (+7.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +127.3k NOK → +100.4k NOK (op. margin 22.9% → 16.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 29.8k NOK profit to a loss of 33.6k NOK. Calculated
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↓
Equity eroded
Book equity -452.3k NOK → -485.9k NOK (equity ratio -20.7% → -25.0%). Calculated
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↓
Cash fell
Bank deposits 52.6k NOK → 21.5k NOK (-59.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -25.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation