90 GRADER AS: årsregnskap 2023 vs 2022
Grew 45% on revenue, stronger earnings, cash halved-plus
approved 2024-06-30; registry 2024-08-02; journal 2024 702724
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 90 GRADER AS. Revenue 5.99m NOK → 8.70m NOK (+45.3%). Net result +243.6k NOK → +330.9k NOK. Equity 464.1k NOK → 795.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 90 GRADER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.99m NOK to 8.70m NOK (+45.3% YoY). Calculated
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Operating result improved
Operating result +318.5k NOK → +467.2k NOK (op. margin 5.3% → 5.4%). Calculated
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Net result improved
Net result +243.6k NOK → +330.9k NOK (net margin 4.1% → 3.8%). Calculated
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Equity strengthened
Book equity 464.1k NOK → 795.0k NOK (equity ratio 27.2% → 20.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 701.2k NOK → 304.7k NOK (-56.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1 397 NOK → 1.49m NOK (+106227.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 17.3k NOK → 56.7k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 0 → 8. Reported fact