8 SEASONS AS: årsregnskap 2023 vs 2022
Grew 1024% on revenue, returned to profit
approved 2024-05-28; registry 2024-06-01; journal 2024 463844
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 8 SEASONS AS. Revenue 160.8k NOK → 1.81m NOK (+1024.0%). Net result -191.2k NOK → +29.3k NOK. Equity -209.9k NOK → 275.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 8 SEASONS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 160.8k NOK to 1.81m NOK (+1024.0% YoY). Calculated
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Operating result improved
Operating result -191.1k NOK → +38.9k NOK (op. margin -118.8% → 2.2%). Calculated
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Turned profitable
Net result flipped from a loss of 191.2k NOK to a profit of 29.3k NOK. Calculated
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Equity strengthened
Book equity -209.9k NOK → 275.1k NOK (equity ratio -59.7% → 56.5%). Calculated
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Current ratio back above 1×
Current ratio 0.39× → 1.67×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 146.2k NOK → 75.5k NOK (-48.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 636.0k NOK → 781.2k NOK (395% → 43% of revenue). Calculated
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COGS moved
COGS / varekostnad 50.6k NOK → 85.6k NOK (+69.2% YoY). Calculated