FirmaIQ
Org.nr 927 208 725 2022 → 2023 Year-over-year analysis

707 TECHNOLOGIES AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss

approved 2024-06-06; registry 2024-06-10; journal 2024 494510

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 707 TECHNOLOGIES AS. Revenue 23.8k NOK → 0 NOK (-100.0%). Net result +11.4k NOK → -5 342 NOK. Equity 29.9k NOK → 24.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
23.8k NOK 0 NOK
-100.0%
Operating result
+14.7k NOK -5 305 NOK
-136.2%
Net result
+11.4k NOK -5 342 NOK
-146.7%
Equity
29.9k NOK 24.5k NOK
-17.9%
Cash
22.1k NOK 18.3k NOK
-17.1%
Total assets
29.9k NOK 26.1k NOK
-12.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.8k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +14.7k NOK → -5 305 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 11.4k NOK profit to a loss of 5 342 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 29.9k NOK → 24.5k NOK (equity ratio 100.0% → 94.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.1k NOK → 18.3k NOK (-17.1% YoY). Calculated